US Securities and Exchange Commission Commissioner Hester Peirce has reiterated her views that the existing rules that govern the crypto industry, specifically those that target token offerings, are lacking in clarity. Speaking to Law360, Peirce said that enforcement actions, which the SEC has applied to a number of crypto projects, can hardly create an environment that would stimulate innovation. According to “Crypto Mom,” as she is affectionately known within the industry, "most of the guidance that we've put out has been pretty unwieldy or has been in the form of enforcement actions, which I don't think is ... (full story)