BitDegree
2024-03-01 07:21:23

SEC's Stance on Crypto Draws Criticism from Commissioner Peirce

Key Takeaways US SEC Commissioner Hester Peirce criticizes the agency's "enforcement-only mode" towards cryptocurrency at the ETHDenver event. Peirce advocates for regulatory clarity to enable innovation in the cryptocurrency sector, challenging the SEC's current approach. Despite legal challenges, there's a push for developing supportive regulatory frameworks, as evidenced by recent progress with Bitcoin ETFs.

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