Noted cryptocurrency advocate and Securities and Exchange Commissioner Hester M. Peirce issued a public dissent after the SEC levied a $6.1 million fine on online gaming and gambling platform Unikrn for conducting an initial coin offering (ICO) in 2017, a penalty that effectively amounts to the size of the company’s current assets.
SEC Commissioner Pierce Blasts Regulator’s Action Against Telegram
‘Crypto mom’ took no prisoners in her fiery rebuke of the SEC’s Telegram action.
Mapping the Future of the SEC (There’s a Nonzero Chance Hester Peirce Takes Over)
The future of the U.S.’s federal securities regulator, and perhaps the direction of cryptocurrency policy, is up in the air. We game out the scenarios.
SEC ‘Crypto Mom’ Hester Peirce Tapped for Second Term at US Regulator: Report
SEC Commissioner Hester Peirce has reportedly been nominated to another five-year term at the agency.
The US Needs Hester Peirce’s Safe Harbor, or It Risks Falling Behind
A Beijing lawyer calls on the SEC to consider Hester Peirce’s Safe Harbor proposal, which exempts startups from securities law while starting up. Without greater certainty around token sales, the US risks falling behind other jurisdictions in blockchain commerce.
The Cryptocurrency Act of 2020 Is ‘Dead on Arrival,’ Washington DC Tells Sponsors
The ‘Youngest Bitcoin Millionaire’ and Metal Pay CEO worked on an omnibus crypto regulatory bill introduced by Rep. Paul Gosar (R-AZ). This is what the industry thinks.
Securities Law Helped Build Modern Capitalism. Crypto Should Embrace It
Crypto should work within the existing regulatory structure around securities, rather than reinvent a whole new system.
Crypto Industry Lauds Token Safe Harbor, But Warns of Risks
Crypto advocates are praising SEC Commissioner Hester Peirce’s token “safe harbor” proposal, though not without questioning the details.
A Safer Harbor: Improving Hester Peirce’s Proposal For Regulating Token Sales
Hester Peirce’s safe harbor proposal would benefit from greater protections for token holders, say two law professors.
Crypto Firms Should Get Behind Peirce’s Safe Harbor Proposal, Even if It’s Unlikely to Become Law
Hester Peirce’s idea may not be formally considered by the SEC, but it could help refine and define future crypto regulation, say two advisers.
Preston Byrne: Peirce’s Safe Harbor Proposal Would Be Hilarious If It Weren’t So Serious
In his first column for CoinDesk, Preston Byrne responds to Hester Peirce’s proposal for a token sale safe harbor.
SEC ‘Safe Harbor’ Proposal Lauded by Token Fans, DeFi Builders at 0x Conference
San Francisco’s 0xpo conference offered the perfect venue for pondering the token “Safe Harbor” proposed by SEC Commissioner Hester Peirce.
On the Frontlines of the SEC Safe Harbor Proposal With CoinList CEO Andy Bromberg
Will a newly proposed “safe harbor” transform the U.S. regulatory landscape for token projects? CoinList CEO Andy Bromberg discusses.
Crypto News Roundup for Feb. 7, 2020
With bitcoin meeting new resistance at $9850, Markets Daily is back with our daily news roundup
SEC Commissioner Hester Peirce Proposes 3-Year Safe Harbor Period for Crypto Token Sales
SEC Commissioner Hester Peirce has unveiled her proposal to create a safe harbor for crypto startups, allowing them three years to build out their networks before having to address federal securities laws.
SEC’s ‘Crypto Mom’ Sees No Need for National Blockchain Policy
SEC Commissioner Hester Peirce has pushed back on the Digital Chamber of Commerce’s “national action plan” for blockchain.
SEC Commissioner Peirce Confirms Guidance on Crypto Tokens Is Coming
The U.S. Securities and Exchange Commission plans to clarify when securities laws might apply to crypto token sales, an official said Friday.
Crypto Mom’s Crusade: Inside the SEC, Hester Peirce Is Putting Up a Fight
Having worked over a decade in government before becoming a commissioner to the U.S. Securities and Exchange Commission (SEC), Hester Peirce is a regulator well-versed in matters of both rulemaking and securities law.
The SEC’s Hester Peirce Isn’t a Bitcoin Champion, Just a Regulatory Realist
Regulators like the SEC shouldn’t be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce.