Regulation by Enforcement Is 'Not Effective' for the Crypto Industry: SEC Commissioner Peirce

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Hester Peirce, Commissioner of the Securities and Exchange Commission, joins CoinDesk Live at Consensus 2024 to discuss the state of crypto regulation in the U.S. Plus, insights on the concerns surrounding the agency's regulation by enforcement approach and the regulator's plans for better coordination with the CFTC.

Hester Peirce, Commissioner of the Securities and Exchange Commission, joins CoinDesk Live at Consensus 2024 to discuss the state of crypto regulation in the U.S. Plus, insights on the concerns surrounding the agency's regulation by enforcement approach and the regulator's plans for better coordination with the CFTC.

I'd say many people in Washington don't really care that much about it because they don't think that there's a lot of value in the technology underlying this. And so, you know, to be fair to them, they've seen a lot of fraud in the name of crypto.

 

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