SEC Commissioner: True Decentralized Projects Pose a Challenge to Crypto Regulation. A commissioner with the U.
11 Oct 2021, 08:00
SEC Commissioner: True Decentralized Projects Pose a Challenge to Crypto Regulation
A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto regulation. Noting that “decentralized finance carries within itself inherently some ability to self regulate,” the commissioner said, “we need to take that into account as we design a regulatory system.”
SEC Commissioner Peirce Discusses Crypto Regulation and Decentralized FinanceSEC Commissioner Hester Peirce talked about cryptocurrency regulation in an interview with Yahoo Finance, published last week. Peirce is also known in the crypto community as “crypto mom” for her knowledge and support of the crypto space.
She was asked about whether the SEC has any trouble catching up with developments in the crypto space and protocols which are advancing and changing very quickly on a daily basis.