Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,359)
  • Analysis (1,546)
  • Bitcoin (2,130)
  • Blockchain (1,245)
  • DeFi (1,463)
  • Ethereum (1,469)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,506)
  • Press Releases (1)
  • Reddit (782)
  • Regulation (1,407)
  • Security (2,022)
  • Thought Leadership (2)
  • Videos (41)
Hand picked
  • Bitcoin is introduced into Africa’s largest slum, with risks and rewards
  • Accelerated cryptography licenses move the debate to the era of the EU rule
  • Seven Solana ETF files have struck dry – but is approval in the long term?
  • A markup could come to Solana’s ETFs, so dry says yes
  • Slime Miner reaches $ 2 million per month and is leading Kaia’s growth
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Market»Hester Peirce of the dry compares the rules of crypto to the game “ Floor is lava ”, urges clearer regulations
Market

Hester Peirce of the dry compares the rules of crypto to the game “ Floor is lava ”, urges clearer regulations

April 30, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
7e9b69df1da14f66b6ce2d5035cb98cd.png
Share
Facebook Twitter LinkedIn Pinterest Email


The SEC commissioner, Hester Peirce, criticized the current state of cryptographic regulations in the United States, comparing it to the children’s game “The Floor Is Lava”.

The SEC Commissioner, Hester Peirce, criticized the current state of cryptography regulation in the United States, comparing it to the children’s game “The Floor Is Lava”, where companies must avoid direct contact with cryptographic assets while navigating unclear regulations. Speaking during the Gustodian Know Your Round Table on April 25, Peirce explained that companies engaging in the crypto must jump from an ill -defined regulatory space to another. She pointed out that the regulatory landscape is uncertain, with companies that do not know what cryptographic assets are considered to be titles and if activities such as the markup or voting rights could trigger violations.

Peirce’s analogy illustrated the confusion to which investment advisers face when determining what is considered security and which can act as a qualified guardian for cryptographic assets. She stressed that there are no clear directives, leaving companies to operate in darkness. This uncertainty, noted Peirce, makes it difficult for the cryptography market to develop in the current regulatory framework.

Mark Uyeda, another SEC commissioner, has echoed the concerns of Peirce and suggested that the SEC should widen the daycare options, in particular by allowing trust companies for limited to the State to serve as guards for cryptographic assets. Uyeda argued that without appropriate childcare services, alternative trading (ATS) broker systems would find it difficult to facilitate the crypto trade, which hinders market growth.

Peirce also discussed the need for regulations that recognize the differences between various digital assets. It argued that if certain cryptographic assets require qualified guards, others can be better suited to the auto-customodie. She warned of overly restrictive regulations that could suffocate decentralized transactions and have urged the dry to adopt a framework that recognizes the nature of the various cryptographic assets.

His comments came in the midst of broader discussions on the regulation of cryptography, the president of the SEC, Paul Atkins, expressing his support for clearer rules to allow the growth of the cryptography market. Atkins has also highlighted the potential advantages of blockchain, such as increased efficiency, risk reduction and greater transparency. He stressed the importance of working with market players and legislators to create a regulatory framework that aligns with the needs of the cryptographic industry.

Peirce and Atkins both criticized previous leadership under Gary Gensler for having contributed to regulatory uncertainty. Peirce has explained that more companies are involved in the crypto, there is an urgent need for clear guard solutions that comply with legal and regulatory standards. It argued that without clear directives on the classifications of guard and asset classifications, the American cryptography market will continue to deal with challenges in securely widening. Overall, Peirce and Atkins underlined the need for a more defined regulatory approach to allow the cryptographic industry to flourish while protecting investors.

This article contains links to third -party websites or other content for information purposes only (“third -party sites”). Third -party sites are not under the control of CoinmarketCap, and CoinmarketCap is not responsible for the content of a third -party site, including without limiting any link contained in a third -party site, or any modification or update of a third -party site. CoinmarketCap provides you with these links only as convenience, and the inclusion of any link does not imply the approval, approval or recommendation by CoinmarketCap on the site or any association with its operators. This article is intended to be used and should be used for information purposes only. It is important to do your own research and analyzes before making important decisions related to one of the products or services described. This article is not intended to be and should not be interpreted as a financial advice. The opinions and opinions expressed in this article are the possessions (of the company) of the author and do not necessarily reflect those of CoinmarketCap.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleTrump Media pivots to the crypto with the Planned Truthplus token, the DEFI platform and the digital portfolio
Next Article The United Kingdom drops an astonishing crypto regulation project in Parliament

Related Posts

Market

Solana (soil) drops 8% in the midst of the volatility of the cryptography market, tests key support levels

June 14, 2025
Market

Crypto Market Maker Gotbit and founder condemned for fraud, manipulation

June 14, 2025
Market

Executivecrypto of ‘Makeker’ investments leads to the United States, what is called the “market manufacturer” in the crypto sector and its founder was sentenced to accusations of criminal fraud for an alleged market … 8 hours ago

June 14, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Seven Solana ETF files have struck dry – but is approval in the long term?

June 14, 2025

Pepe faces risks of lower prices in the middle of the deposit of CEX whale

June 14, 2025

Coinbase has just taken a higher 22% aero: what is the next step at the start of taking advantage?

June 14, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 104,480.99
ethereum
Ethereum (ETH) $ 2,504.25
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.12
bnb
BNB (BNB) $ 640.41
solana
Solana (SOL) $ 142.50
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.175993
tron
TRON (TRX) $ 0.27048
staked-ether
Lido Staked Ether (STETH) $ 2,502.61