Between Hope and Reality: Assessing the SEC's In-House Crypto Expertise

Between Hope and Reality: Assessing the SEC's In-House Crypto Expertise



Hester Peirce, a commissioner, at the Securities and Exchange Commission (SEC) who is known for her support of cryptocurrencies is advocating for regulations surrounding assets. Speaking at a conference in Austin, Texas she expressed her disappointment with the SECs progress in establishing a regulatory framework for cryptocurrencies since she joined the commission in 2018. Peirce acknowledged that countries like Switzerland and Singapore appear to be more advanced in terms of regulations but highlighted that their circumstances cannot be directly compared to those of the United States.



Peirce mentioned that the SEC has individuals who possess knowledge about cryptocurrencies, which has improved during her tenure. However she honestly admitted, "I have not witnessed changes."



The SEC has faced criticism regarding its approach to


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#Altcoin, #Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Regulations

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