- The SEC HESTER PIIRCE commissioner weighs in the same regulations.
- Many maintain that the same are not titles and therefore do not fall under the regulatory delivery of the dry.
- Peirce also called for a dry policy that allows people to innovate.
Should the American Commission on Securities and Exchange be responsible for the same regulation?
Probably not, said Hester Peirce.
In a Bloomberg interview Tuesday, the dry commissioner weighed on the same, which had existed for a long time in a regulatory gray area, despite the ball in a $ 75 billion walk.
“The facts and circumstances are important,” said Peirce. “Lots of mecoins who are there probably have no house in the dry, under our current set of regulations.”
Many argue that the same are not titles and therefore do not fall under the regulatory delivery of the dry.
This does not necessarily mean that even even will be regulated, but probably not by the dry.
“It is perhaps something that the Commodity Futures Trading Commission wants to speak,” said Peirce, while suggesting that the congress could engage in the question of the same regulations if it wanted.
Folie Mecoin
Peirce’s comments are involved in the middle of the controversy when last month’s official launch created by President Donald Trump and his wife Melania. Some were incredulous that the president would invade a market teeming with wild price swings, jokes and fraudsters.
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The Trump token has skyrocketed with a market value of $ 15 billion before collapsing by 79%, leaving investors in the Luch. The Melania token succeeded, losing 89% of its value.
Evencoins has climbed popularity in the past year and a half. These tokens, generally based on a popular figure or an online joke, often explicitly detach themselves from any promise to obtain value.
Trump even, for example, declares on his website that it is intended to function as an expression of support for the president and not as an investment.
Despite this, tolerant investors at risk regularly accumulate in the same as Trump because of their extreme volatility and the potential for buyers to earn money that changes life.
A new approach
Peirce, who was last month selected To lead a new crypto working group responsible for creating tailor -made regulations for digital assets, quickly became one of the most influential votes in American crypto regulations.
Earlier this month, she set the tone For the regulation of cryptography under the Trump administration by saying that the SEC would not release reckless investors.
“If people want to buy a token or a product that does not have a clear long -term value proposal, they should feel free but should not be surprised if one day the price drops,” said Peirce in a press release of politics published on February 4.
“People have to decide for themselves, do not turn to the Mom government to tell them what to do or do not do, or to replenish them when they do something that goes wrong.”
In the same interview with Bloomberg, Peirce also commented on the previous approach of the dry to regulate the crypto, which it has long criticized.
“We have just put a roadblock after a roadblock against people who just try to come and talk to us as we asked them to do,” she said, referring to the former president’s call From the dry, Gary Gensler, to cryptographic companies to engage with the regulator.
Although peopleler has repeatedly asked cryptographic companies to engage with the dry, many, like US Exchange Coinbase, say that the regulator had hesitated to work with them.
“All I ask is that we have an innovation policy that allows people to innovate and allows people to try new things,” she said.
Cryptography market movers
- Bitcoin is down 1.6% in the last 24 hours and is negotiated at $ 96,213.
- Ethereum fell 2.1% over the same period to $ 2,630.
What we read
Tim Craig is DL News’ DEFI correspondent based in Edinburgh. Handle with advice Tim@dlnews.com.
