Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom” — has backed a regulatory framework for stablecoins that allows “room for there to ...
Tag: Peirce
SEC’s Hester Peirce says new stablecoin regulations need to allow room for failure
Market capitalization of the top five USD stablecoins is over $154 billion Hester Peirce has said the regulatory movement around stablecoins needs to allow for trial and error Stablecoins de-pegging f...
Hester Peirce Knocks SEC’s Plans to Add to Crypto Enforcement Staff
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...
SEC Commissioner Peirce, Bitcoin 2022 and more – Cointelegraph Magazine
In life, there are times when things are going well in your business affairs but not your personal ones. Other times, the things you are doing and enjoying in your personal life are great but your pro...
New SEC guidance on accounting and disclosures rankles Commissioner Peirce
United States companies that safeguard their clients’ crypto-assets received new accounting guidance Thursday in the form of a Securities and Exchange Commission, or SEC, Staff Accounting Bulletin. Th...
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...
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...