SEC Commissioner Peirce Criticizes Agency’s Approach to Crypto Regulation

SEC Commissioner Hester Peirce, known for her pro-crypto stance, expressed concerns about the agency’s current approach to regulating the cryptocurrency industry, stating that the SEC has failed to establish a productive dialogue with companies and may be overstepping its jurisdiction. Peirce emphasized the importance of maintaining decentralization in the industry and questioned the SEC’s aggressive tactics, which she believes could stifle innovation and benefits offered by crypto.

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