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Esther Pierce: "The SEC May Take A New Look at Cryptoasset Regulation Under New Administration"

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SEC Commissioner Esther Pearce spoke about the future of cryptocurrency regulation under the administration of the new US president, and announced her intention to strengthen the protection of financial privacy.

In an online discussion this week, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce shared the regulator's views on the regulatory approach to cryptocurrencies.

 

 “We still don't know what cryptocurrency will become,” she said, stressing the need for regulation that both stimulates the growth of nascent technologies and keeps criminals away from the industry.

 

The subject of the conversation was the issue of cryptocurrency regulation under the new US President Joe Biden, who will take office on January 20.  Panellists discussed topics ranging from privacy issues to efforts to build bipartisan coalitions around cryptocurrency legislation.

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