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Peirce: SEC "should have admitted long ago" that tokens themselves are not securities
HEARING: @HesterPeirce says the SEC "should have admitted long ago" that tokens themselves are not securities and has "fallen down" on the job for this.
— CryptoLaw (@CryptoLawUS) September 24, 2024
Added at 9:37am
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SEC Commissioner Hester Peirce: "We've done things that are negative for capital formation."
— THE COIN (@thecoinlive) September 24, 2024
Added at 9:41am
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— Eleanor Terrett (@EleanorTerrett) September 24, 2024
NEW: @HesterPeirce on the @SECGov’s regulation by enforcement:
“It’s very inefficient, and at the end of the day, it leaves everyone wondering where the lines of our authority are.”
Added at 9:42am
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3/ SEC Commissioner @HesterPeirce: “We’ve taken a legally imprecise view to mask the regulatory lack of clarity.”
— Blockchain Association (@BlockchainAssn) September 24, 2024
Medium Impact
Breaking
