HomeCrypto"I am not your mother" - DL News

“I am not your mother” – DL News

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SEC Commissioner Hester Peirce Talks Crypto Innovation, Elections, and SEC Cases

SEC Commissioner Hester Peirce Talks Crypto, Elections, and ‘Frustration’ at the SEC

In a recent interview with DL News, Securities and Exchange Commissioner Hester Peirce discussed her career at the SEC, the upcoming election, and her views on the crypto industry. Known for her support of crypto innovation, Peirce has earned the nickname “crypto mom” from the industry, although she jokingly expressed some reservations about the term.

Peirce, a libertarian-leaning commissioner, emphasized the importance of allowing American consumers to make their own choices when it comes to crypto investments. She spoke about the SEC’s crackdown on crypto, the potential impact of the upcoming election on the agency’s leadership, and the need for clear regulations in the crypto space.

One key point of discussion was the relationship between the SEC and the Commodity Futures Exchange Commission (CFTC) in regulating crypto markets. Peirce highlighted the need for collaboration between the two agencies and emphasized the importance of considering the potential for innovation in the crypto industry.

The interview also touched on the recent Supreme Court ruling that could impact the SEC’s enforcement actions in the future. Peirce expressed her commitment to following Congress’s intentions and ensuring that the agency’s actions are in line with the law.

Overall, Peirce’s insights shed light on the complexities of regulating the crypto industry and the challenges faced by regulators in balancing innovation with investor protection. As the crypto landscape continues to evolve, her perspective offers valuable insights into the future of crypto regulation in the United States.

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