Hester Peirce, an SEC commissioner who strongly supports cryptocurrency investments, criticized the organization’s new regulatory priorities in a public statement on Wednesday. A top Securities and Trade Commission (SEC) official has reprimanded the regulator for establishing guidelines that could harm the economy and undoubtedly damage public trust in the authorities....
Key Takeaways The pro-crypto SEC Commissioner Hester Pierce issued a public statement Wednesday slamming the agency’s new regulatory agenda. Commissioner Pierce dubbed the SEC’s regulatory approach as “flawed” and dangerous for the country’s capital markets. She also criticized the SEC’s attempt to regulate decentralized finance without first addressing the crypto...
