The largest cryptocurrency by market capitalization was recently trading at about $20,800, down over 1% in the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands at roughly $1,200, down less than a percentage point but about the same level it has held for the past week, as investors continued their cautious approach to riskier assets. Trading was light.
U.S. President Biden Vetoes Resolution Overturning SEC Guidance
Earlier Friday, Sen. Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, said the guidance creates...