SEC Commissioner Hester Peirce Questions Regulatory Strategy Towards Cryptocurrency

Saturday, 2 March 2024, 00:34

SEC Commissioner Hester Peirce voiced concerns about the regulator's unconventional approach to cryptocurrencies, particularly citing delays in Bitcoin ETF decisions. Despite acknowledging the need for regulatory clarity, Peirce refrained from commenting on the future of an Ethereum-based ETF. The critique highlights the ongoing challenge of regulating and embracing digital assets within traditional financial frameworks.
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SEC Commissioner Hester Peirce Questions Regulatory Strategy Towards Cryptocurrency

SEC Commissioner Hester Peirce Criticizes Regulator's Handling of Crypto

SEC Commissioner Hester Peirce recently expressed dissatisfaction with the regulator's handling of cryptocurrencies, describing the approach as strange. Peirce emphasized concerns over the delayed action on Bitcoin ETFs but refrained from discussing the potential for an Ethereum equivalent.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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