Earlier on Tuesday, the SEC announced plans to increase the headcount in its newly named Crypto Assets and Cyber Unit, which was previously known as the Cyber Unit, to 50 from the current 30. The agen...
Tag: Hester
BlockFi’s $100M Settlement Payment is Disproportionate, Says Hester Peirce
BlockFi recently agreed to pay $100 million in a settlement after the U.S. Securities Exchange Commission (SEC) charged the firm with “failing to register the offers and sales of its retail crypto len...
DeFi Protocols May Be In Danger Warns Crypto Mom Hester Pierce
Despite not mentioning cryptocurrencies, a new proposal made by the US Securities and Exchange Commission to amend the definition of “exchange” is raising concern in the crypto space. Hester Pierce, o...
Hester Peirce warns against blowback on DeFi
TL; DR Breakdown Peirce wants against blowback of the SEC rule on the DeFi sector The new rule was based on the Exchange Act of 1934 Gensler wants to regulate the entire crypto space The United States...
Crypto Mom Hester Pierce Warns SEC’s New Proposal Poses Serious Threats To DeFi
Despite not mentioning cryptocurrencies, a new proposal made by the US Securities and Exchange Commission to amend the definition of “exchange” is raising concern in the crypto space. Hester Pierce, o...