Institutional adoption underscores urgency of clear crypto rules, says Hester Pierce

Cointelegraph

Published Feb 15, 2021 04:15AM ET

Updated Feb 15, 2021 06:00AM ET

As institutions move into the cryptocurrency space, the need for clear rules regarding digital assets is critical, an official at the Securities and Exchange Commission said.

SEC commissioner Hester Peirce believes that clear cryptocurrency rules are needed now more than ever due to firms like Tesla (NASDAQ:TSLA) and Mastercard (NYSE:MA) actively embracing the alternative asset class.

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