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SEC’s Hester Peirce: “It’s Just Not a Good Way of Regulating”

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There has been little love lost between the Securities and Exchange Commission and the crypto industry. For years, the federal agency has taken a hard line against the novel sector, pursuing sporadic enforcement actions against individual crypto companies but offering little in terms of a coherent regulatory policy that crypto projects could look to for guidance. Industry leaders have long accused the SEC of taking a uniquely unfair and unreasonable approach to crypto regulation; now, one of the SEC’s own is singing the same tune. SEC Commissioner Hester Peirce believes her agen ...

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