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Hester Peirce Knocks SEC’s Plans to Add to Crypto Enforcement Staff

From coindesk.com

U.S. Securities and Exchange Commission (SEC) member Hester Peirce took to Twitter on Tuesday to voice her opposition to the addition of 20 new jobs on the regulatory agency’s crypto enforcement squad. “The SEC is a regulatory agency with an enforcement division, not an enforcement agency,” she tweeted on Thursday afternoon. “Why are we leading with enforcement in crypto?” Earlier on Tuesday, the SEC announced plans to increase the headcount in its newly named Crypto Assets and Cyber Unit, which was previously known as the Cyber Unit, to 50 from the current 30. The agency described that unit – which resides in the ... (full story)

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