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SEC Commissioner Peirce Chats About DeFi, Tokens and Her Unikrn Dissent at LA Blockchain Summit

Amy Liu

Summary: U.S. Securities and Exchange Commissioner Hester Peirce discussed some major trends in the digital asset world during a chat with journalist Laura Shin, at the LA Blockchain Summit on Tuesday.  Addressing regulations around token airdrops, Peirce stressed that people should come talk to the SEC about how they intend to distribute tokens. Speaking about whether ...

U.S. Securities and Exchange Commissioner Hester Peirce discussed some major trends in the digital asset world during a chat with journalist Laura Shin, at the LA Blockchain Summit on Tuesday. 

Addressing regulations around token airdrops, Peirce stressed that people should come talk to the SEC about how they intend to distribute tokens.

Speaking about whether governance tokens used by many DeFi platforms could be treated like a securities offering, Peirce said that even though the tokens carry some equity-like benefits, multiple questions regarding regulatory structure and how these tokens could affect corporate governance continue to linger.

“But again, I caution people that I'm one person on the commission, there are other people on the commission who might look at the same facts and circumstances differently than I do,” said Peirce.

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