Trump Administration Nominates Crypto Mom Hester Peirce for Second Term

2020-6-6 17:21

Hester Peirce, aka Crypto Mom, is set to remain a commissioner at the SEC until 2025, according to new White House nominations. 

Trump Administration Nominates Hester Peirce

The American government has submitted its list of nominees for various roles to the Senate for approval.

Among the list is Hester Peirce, affectionately known as Crypto Mom, as a reappointment to the Securities and Exchange Commission (SEC).

The nomination, if passed, will see Peirce serve a second term at the regulator. Peirce has served as a commissioner at the SEC since early 2018 and has often been at loggerheads with Chairman Jay Clayton. Her current term expires on Jun. 5. 

Peirce made headlines in crypto circles for her public dissent over the Winklevoss Bitcoin Trust ETF rejection the regulator delivered in mid-2018.

Her dissenting opinion slammed the commission for an approach to digital assets that:

“Undermines investor protection by precluding greater institutionalization of the bitcoin market. More institutional participation would ameliorate many of the Commission’s concerns with the bitcoin market that underlie its disapproval order. More generally, the Commission’s interpretation and application of the statutory standard sends a strong signal that innovation is unwelcome in our markets, a signal that may have effects far beyond the fate of bitcoin ETPs.”

She famously alluded to her opinion in a tweet.

Apparently, bitcoin is not ripe enough, respectable enough, or regulated enough to be worthy of our markets. I dissent: https://t.co/gH5zXaKtmj

— Hester Peirce (@HesterPeirce) July 26, 2018

Safe Harbor Remains on the Table

Peirce’s safe harbor initiative, which would give decentralized projects three years of protection against enforcement action, was announced earlier this year.

The provisions would allow projects that have been producing tangible open-source and permissionless networks to raise money without risking violating securities regulations.

While at times a lonely pro-crypto voice on the commission, Peirce now has another five years to advance the regulatory environment around digital assets and secure an innovative blockchain culture in the United States.

The post Trump Administration Nominates Crypto Mom Hester Peirce for Second Term appeared first on Crypto Briefing.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0.0095806 (+7.58%)
Объем 24H $0
Изменеия 24h: 2.35 %, 7d: -7.78 %
Cегодня L: $0.0086651 - H: $0.0095806
Капитализация $183.154k Rank 1690
Цена в час новости $ 0.0076691 (24.92%)

hester peirce crypto trump mom administration nominates

hester peirce → Результатов: 126


SEC’s Hester Peirce urges crypto-community to ‘walk the regulators through the technology’

The uncertain regulatory climate with respect to the cryptocurrency ecosystem has led to detrimental consequences, with the geofencing of crypto-tokens by Poloniex being a recent example.  The Commissioner of the United States Securities and Exchange Commission, Hester Peirce, had previously expressed her fears regarding the delay of the same.

2019-6-4 21:30


Эстер Пирс раскритиковала SEC за излишнюю осторожность в отношении ETF биткойна

Комиссар SEC Эстер Пирс выступила с заявлением, в котором раскритиковала излишнюю осторожность Комиссии по ценным бумагам и биржам США относительно создания ETF биткоина. Эстер Пирс (Hester Peirce) призвала Комиссию по ценным бумагам и биржам США (SEC) одобрить заявки на изменение правил, которые позволят запустить криптовалютные торгуемые биржевые фонды (ETF). «Они все еще душат ETF своим […]

2019-6-3 16:04


Фото:

SEC Commissioner implores the Agency to provide regulatory clarity for cryptocurrency

SEC commissioner Hester Peirce—the highest position in the agency second to the chairman—implored the Commission to provide regulatory clarity to the crypto industry. At the Securities Enforcement Forum in Palo Alto, California, Peirce urged the Securities Exchange Commission to take action on crypto: “It is not the SEC’s overzealous action that has stifled the crypto […] The post SEC Commissioner implores the Agency to provide regulatory clarity for cryptocurrency appeared first on CryptoSlate.

2019-5-11 18:24


Crypto Mom SEC Commissioner Is Afraid of “Heel-Dragging” Will Slow Bitcoin Crypto’s Innovation

The possibly only member of the U. S. Securities and Exchange Commission (SEC) which is loved by the crypto community, Hester M. Peirce, is currently worried that regulators are moving way too slowly in order to regulate the crypto ecosystem that is being created in the country. She spoke while addressing some other regulators on […]

2019-5-10 01:16


SEC “Crypto Mom” Sits Down at Blockchain Digital Asset Forum: Wealth Shouldn’t Be a Requirement to Prosper

On March 26, the Blockchain Digital Asset Forum took place, where SEC Commissioner Hester Peirce was able to speak on various issues in the crypto industry. According to an article by Forbes, Peirce explained that the SEC utilizes many different resources, simply to ensure that the public is capable of following the rules laid out […]

2019-4-3 04:52


Фото:

Crypto Mom Chides SEC Over Failure to Keep up With Cryptocurrency Innovation

Commissioner Hester Peirce of the United States Securities and Exchange Commission (SEC) believes the Commission could do better in keeping in touch with the emerging digital economy. The “Crypto Mom” is beloved for her continued cryptocurrency adoption advocacy and says the SEC should pursue innovation and make regulatory compliance easier for entrepreneurs. Peirce made theseRead More

2019-3-28 21:00


Фото:

SEC Commissioner Suggests Excessive Crypto Regulation Hurts Growth

A commissioner at the US Securities and Exchange Commission (SEC) has said that the official regulation of cryptocurrencies could actually stunt the technology’s development. Hester Peirce’s comments come at a time when the SEC has been accused of acting contrarily and gives hope to those wanting governments to take a step back to prevent over-regulation […] The post SEC Commissioner Suggests Excessive Crypto Regulation Hurts Growth appeared first on Bitcoin News.

2019-2-12 12:35


“Крипто Мама” SEC: криптоиндустрия может выиграть от задержки с внедрением регулирования

Комиссар Комиссии по ценным бумагам и биржам США (SEC) Хестер Пирс (Hester Peirce), которую ранее прозвали “Крипто Мамой” (Crypto Mom) за несогласие с решением SEC в отношении биткоин-ETF братьев Уинклвосс, считает, что задержка внедрения регулирования криптоиндустрии дает этой сфере больше свободы для самостоятельного развития.

2019-2-11 12:23


Хестер Пирс: Задержка крипто-регулирования может иметь положительные последствия

Комиссар Комиссии по ценным бумагам и биржам США (SEC) заявила, что задержка внедрения криптовалютного регулирования может дать больше свободы для отрасли и предоставить ей возможность развиваться самостоятельно.

2019-2-11 11:37


Комиссар SEC: «Задержка регулирования может пойти на пользу криптовалютному рынку»

Комиссар Комиссии по ценным бумагам и биржам США (SEC) заявила, что задержка внедрения криптовалютного регулирования может дать больше свободы для отрасли и предоставить ей возможность развиваться самостоятельно.

2019-2-11 11:00


Bitcoin ETF: SEC’s CryptoMom Peirce Has More Good News For Crypto

US SEC Commissioner Hester Peirce’s latest speech shows she is still pushing hard with her colleagues on a bitcoin ETF approval and crypto-friendly token-sale regulation. Hot on the heels of Securities and Exchange Commission (SEC) Commissioner Robert J Jackson Jnr’s interview with US Capitol news outlet Roll Call, in which he shared his thoughts on […] The post Bitcoin ETF: SEC’s CryptoMom Peirce Has More Good News For Crypto appeared first on Ethereum World News.

2019-2-10 23:06


Фото:

Комиссар SEC: одобрение биткоин-ETF может быть завтра, а может и через 20 лет

Комиссар Комиссии по ценным бумагам и биржам США (SEC) посоветовала “не задерживать дыхание”, ожидая скорого одобрения биржевых индексных фондов (ETF) на основе биткоина. Хестер Пирс (Hester Peirce), получившая прозвище “Крипто Мама” (Crypto Mom) за несогласие с решением SEC отклонить завку на биткоин-ETF братьев Уинклвосс, заявила на Инвестиционном форуме по цифровым активам в Вашингтоне, что одобрение регулятором индексных […]

2018-12-7 13:55