Peirce says some crypto lending faces rules
SEC Commissioner Hester Peirce said some crypto vaults and on-chain lending products may be regulated under US securities laws.

Founder and CEO of Grafa, leading the company's vision to democratise financial data and empower investors with innovative tools.
SEC Commissioner Hester Peirce said some crypto vaults and on-chain lending products may be regulated under US securities laws.
Bayan Mining and Minerals (ASX:BMM) executed an agreement to divest its Bayan Springs North asset to Sun Silver (ASX:SS1).
Cryptocurrency trading volume in South Korea fell below retail trading on the KOSPI stock market as investors shifted away from digital assets.
Medical technology company PolyNovo (ASX:PNV) reported a 16.1% rise in annual group revenue to $150 million for FY26.
BitGo and OTC Markets Group plan to bring tokenised securities trading to more than 150 broker-dealers using OTC Link ATS.
Sandfire Resources (ASX:SFR) generated quarterly sales revenue of $574 million following a 38% increase in copper equivalent production.
Telecommunications group Spark New Zealand (ASX:SPK) appointed Tommy Bjorkberg as COO, effective Oct. 1.
Tourism Holdings (ASX:THL) updated its market guidance, expecting full-year underlying profit after tax to reach around NZ$46 million.
Prologis (NYSE:PLD) moved closer to acquiring SEGRO after SEGRO’s board indicated support for its approximately £14 billion final proposal.
Badger Meter (NYSE:BMI) reported second-quarter total sales of $222.3 million alongside a diluted earnings per share of $1.02.