What Elements Does 'Crypto Mom' Hester Peirce Consider Essential for the Digital Asset Market?
Summary
- Commissioner Hester Peirce emphasized essential elements for the digital asset market, including regulatory clarity for tokens, no-action letters, and cooperation between the SEC and CFTC.
- She revealed that they are considering ways for token issuers to gain legal clarity through voluntary participation, emphasizing the importance of regulatory clarity.
- She announced that the SEC is developing clear guidelines for airdrops and encouraging projects to submit scenarios to the TF.
Commissioner Hester Peirce, a key figure at the Securities and Exchange Commission whose stance is considered to have shifted since President Donald Trump's appointment, has identified five areas of concern in the digital asset (cryptocurrency) market. Commissioner Peirce, known as 'Crypto Mom' in the community for her pro-digital asset stance, has been a notable figure in the space.
On the 18th, in an interview with Bankless, Commissioner Peirce highlighted five essential elements needed in the current digital asset market: ▲regulatory clarity for tokens, ▲no-action letters, ▲securities law framework, ▲legal guidance for airdrops and retail investors, and ▲cooperation between the SEC and Commodity Futures Trading Commission (CFTC).
Regarding token regulatory clarity, Commissioner Peirce stated, "A roadmap is currently being prepared, and we're considering ways to provide legal clarity for those who have previously issued tokens, provided they agree to specific conditions," adding that "we expect voluntary participation from token issuers."
On the topic of airdrops, Commissioner Peirce showed an open stance, saying, "The SEC is currently developing clear guidelines. We are encouraging projects to submit scenarios to the digital asset task force (TF) to better understand what the industry needs."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
