SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US By Cointelegraph

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SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US

Published Sep 18, 2023 05:36PM ET Updated Sep 18, 2023 07:40PM ET

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SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US

Hester Peirce, one of five commissioners with the United States Securities and Exchange Commission (SEC) 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.

Commissioner Hester Peirce (second from right) speaking to policymakers at Permissionless II on Sept. 11. Source: Cointelegraph

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