In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification of which crypto assets are securities.

The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.

Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.

As mortgage rates continue to fall, Meredith Whitney Advisory Group CEO Meredith Whitney joins Market Domination Overtime to break down the overall state of the housing market (XLRE). "I don't think rates are low enough to really get the market moving. I think rates need to come down by another 100 basis points to really spark interest. And then there's a two-step process which prices have to come down, by our estimates, at least 15%, to make housing, even the carrying cost of a mortgage tolerable," Whitney tells Yahoo Finance. She notes that the carrying cost of a mortgage has doubled to 40% over the last four years, which is why many buyers have continued to sit on the sidelines. While easing rates will make it more affordable for buyers to enter the market, she believes the larger issue remains in housing prices, which can only be solved by adding more inventory. Once that part of the equation is addressed, the market will finally see some relief. Whitney also highlights the "silver tsunami" effect, where the aging population begins to downsize their homes. She explains that more than 60% of homes are owned by people over the age of 50. "So there's a big issue, in terms of all the housing stock is owned by old people, and so it's harder for young people to get in. But, it's gotten increasingly expensive for these older people to stay in their homes because property taxes have gone up dramatically, as has homeowners insurance," she says, pointing to the "real strain" in the system. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl

Morgan Stanley is out with a new call recommending investors lock in their gains on defensive stocks (XLV, XLU) as they tend to underperform in the month following the Federal Reserve's first interest rate cut. Catalysts Hosts Seana Smith and Madison Mills report more on the call and break down how the upcoming labor market data could impact investors' defensive plays. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl

The latest updates on activity in the services and manufacturing sectors showed the US economy is still pacing for solid growth in the third quarter.

Financial ETFs have rebounded this year after a prolonged period of volatility. The latest Fed rate cut should bolster the space even more.

Yahoo Finance markets and data editor Jared Blikre takes a look at broader market trends as stocks continue their rally. This ongoing rally was sparked by the Federal Reserve's interest rate cut last week. He also breaks down what has been happening in the tech space, where software stocks have started to diverge from chip stocks.  For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Republicans in the US House of Representatives and Senate claim the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.

The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.