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SEC's Peirce Calls for an 'Embrace' of the Personal Liberty Ethos that Underlies Crypto

Amy Liu

Summary: SEC commissioner Hester Peirce believes crypto is a battleground for the conversation surrounding government power and personal liberty. In a speech today to the Federalist Society, Peirce — a dissenting voice against the SEC's past rejections of proposed bitcoin exchange-traded funds — said crypto poses new challenges to regulators, but that agencies "should figure out ...

SEC commissioner Hester Peirce believes crypto is a battleground for the conversation surrounding government power and personal liberty. In a speech today to the Federalist Society, Peirce — a dissenting voice against the SEC's past rejections of proposed bitcoin exchange-traded funds — said crypto poses new challenges to regulators, but that agencies "should figure out a way to embrace the personal liberty principles undergirding it." She said regulators must wrestle with the growing myriad of problems that the crypto space — and especially decentralized finance or DeFi — creates for enforcement, rather than curb its potential with undue regulation.

By Amy Liu

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Link: SEC's Peirce Calls for an 'Embrace' of the Personal Liberty Ethos that Underlies Crypto   [Copy]
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