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‘Conservative’ SEC does not handle change well, claims Commissioner Peirce
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SEC Commissioner Hester Peirce has once again reminded fellow regulators that the crypto-sector is, in fact, hard to ignore. At Wall Street Journal’s Tech Live conference, the outspoken commissioner commented,
“I think it’s safe to assume that crypto is going to grow in size.”
In the past as well, she has questioned if the negative ‘Wild West’ analogy for the crypto-space is protecting the investors or denying them opportunities.
“People can see that there’s going to be rapid growth here, and people want to get a toehold on it.”
Commissioner Peirce has been pushing her updated Safe Harbor Proposal for the SEC’s perusal for a long time now. On 5 October 2021, Congressman Patrick McHenry also introduced a bill called the Clarity for Digital
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