SEC embroiled in court docket instances; Hester Peirce says crypto companies shouldn’t surrender on US

Hester Peirce, considered one of 5 commissioners with the US Securities and Trade Fee (SEC) and an outspoken proponent of crypto, has urged lawmakers and regulators for readability on digital belongings.

Chatting with Cointelegraph on the Permissionless II convention in Austin, Texas on Sept. 11, Peirce stated she wouldn’t have anticipated the SEC to be “this far behind” to find an answer for a regulatory framework on cryptocurrencies when she joined the fee in 2018. She pointed to international locations like Switzerland and Singapore as seemingly forward of the curve on crypto laws globally however stated they largely couldn’t be in comparison with the state of affairs in the US.

Proceed Studying on Coin Telegraph