‘New rules’ for SEC could follow example set by Wyoming, says Hester Peirce
Cointelegraph
Published Dec 02, 2020 09:12PM ET
Updated Dec 02, 2020 11:00PM ET
Hester Peirce, commissioner for the United States Securities and Exchange Commission and best known by the affectionate nickname “Crypto Mom,” says the regulator may not be able to get by if it simply incorporatesng digital assets into its existing regulatory framework.
In an interview with Santander (MC:SAN) Bank Managing Director John Whelan for the 'Ethereum in the Enterprise - Asia Pacific' online conference today, Peirce said the SEC could learn from other approaches on regulating crypto, specifically citing Wyoming as an “extremely progressive” regulator. The state’s banking board approved charters for crypto firms like Avanti and Kraken in October.
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Written By: Cointelegraph
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