News Explorer — SEC Commissioner Hester Peirce Says Regulator Stuck in 'Enforcement-Only Mode'

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Mar 1, 12:48 am

Coindesk

SEC Commissioner Hester Peirce Says Regulator Stuck in 'Enforcement-Only Mode'

SEC Commissioner Hester Peirce stated that the SEC is currently in an "enforcement-only mode" when it comes to crypto, highlighting the challenges faced by the industry in dealing with a litigious SEC. Peirce expressed frustration with the lack of clear rules and the regulator's tendency to pass judgment on crypto as an asset class. She emphasized the need for regulatory frameworks and clarity from the SEC and lawmakers.

SEC Commissioner Hester Peirce stated that the SEC is currently in an "enforcement-only mode" when it comes to crypto, highlighting the challenges faced by the industry in dealing with a litigious SEC. Peirce expressed frustration with the lack of clear rules and the regulator's tendency to pass judgment on crypto as an asset class. She emphasized the need for regulatory frameworks and clarity from the SEC and lawmakers.

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