The SEC’s “crypto mom” Hester Peirce has said

The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure.

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

Speaking at an online panel on May 12 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.

Check Also

Price analysis 5/16: BTC

If price rebounds off $28,805, the bulls will again try to push the BTC/USDT pair …

دیدگاهتان را بنویسید

نشانی ایمیل شما منتشر نخواهد شد.