Friday, May 27, 2022
HomeBusinessSEC’s Hester Peirce says new stablecoin regs need to allow room for...

SEC’s Hester Peirce says new stablecoin regs need to allow room for failure By Cointelegraph


SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom” — has backed a regulatory framework for stablecoins that allows “room for there to be failure.”

Speaking at an online panel on Thursday hosted by financial think-tank the Official Monetary and Financial Institutions Forum (OMFIF), Peirce, who has long been an advocate for crypto, was asked to shed light on the actions being taken by U.S. regulatory bodies in regard to cryptocurrency.

Continue Reading on Coin Telegraph



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments