Hester Peirce of the U.S. Securities and Exchange Commission spoke to Cointelegraph at the Permissionless II conference in Austin on regulators' approach to digital assets.
Hester Peirce, one of five commissioners with the United States Securities and Exchange Commission and an outspoken proponent of crypto, has urged lawmakers and regulators for clarity on digital assets.
Speaking to Cointelegraph at the Permissionless II conference in Austin, Texas on Sept. 11, Peirce said she wouldn’t have expected the SEC to be “this far behind” in finding a solution for a regulatory framework on cryptocurrencies when she joined the commission in 2018. She pointed to countries like Switzerland and Singapore as seemingly ahead of the curve on crypto regulations globally, but said they largely couldn’t be compared to the situation in the United States.
“I haven’t seen a lot of changes for the better,” said Peirce. “You do have a lot of people who know quite a bit about crypto at the agency, whether that’s in FinHub or throughout the divisions. You have people who are actually quite knowledgeable, and I think that that has changed in the time that I’ve been there.”
Commissioner Hester Peirce speaking to policymakers at Permissionless II on Sept. 11. Source: Cointelegraph
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