Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto Regulation

Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto RegulationA commissioner with the U.S. Securities and Exchange Commission (SEC) has criticized the securities watchdog for focusing on enforcement actions in its oversight of the crypto industry. SEC Commissioner Slams Agency for Focusing on Enforcement Actions in Regulating Crypto Assets SEC Commissioner Hester Peirce criticized her own agency Monday after it announced an enforcement action […]

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SEC Commissioner on Banning Bitcoin: ‘It’s Very Difficult to Ban Peer-to-Peer Technology’

SEC Commissioner on Banning Bitcoin: 'It's Very Difficult to Ban a Technology That's Peer-to-Peer'SEC Commissioner Hester Peirce believes that the U.S. government cannot ban bitcoin, stating that “it’s very difficult to ban something that’s essentially a peer-to-peer technology.” The commissioner is hopeful that with the new chairman who has deep knowledge of bitcoin and cryptocurrencies, the SEC can take a fresh look at some of the reasons used […]

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South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic

South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus PandemicAs bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific profile of crypto investors. A recent study revealed that a new era of “crypto moms” is emerging across the board in the country. Millennials Are Lagging Far Behind, Says Study Per […]

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”Decentralized Networks a Powerful Phenomenon” – Why the SEC Commissioner Proposes Time-Limited Grace Period for Tokens

Crypto-Friendly SEC Commissioner Proposes 3-Year Grace Period for TokensU.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed a grace period of three years for tokens. Project developers would be exempt from the federal securities laws during that time, provided that they meet certain conditions. After that, they must determine whether their token transactions involve the offer or sale of a […]

The post ”Decentralized Networks a Powerful Phenomenon” – Why the SEC Commissioner Proposes Time-Limited Grace Period for Tokens appeared first on Bitcoin News.

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SEC Commissioner Suggests Excessive Crypto Regulation Hurts Growth

SEC Commissioner Suggests Excessive Crypto Regulation Hurts GrowthA commissioner at the US Securities and Exchange Commission (SEC) has said that the official regulation of cryptocurrencies could actually stunt the technology’s development. Hester Peirce’s comments come at a time when the SEC has been accused of acting contrarily and gives hope to those wanting governments to take a step back to prevent over-regulation […]

The post SEC Commissioner Suggests Excessive Crypto Regulation Hurts Growth appeared first on Bitcoin News.

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