• Hester Peirce crypto regulation urgent

    Clear crypto regulation urgent as big finance jumps in: SEC’s ‘Crypto Mom’

    Securities and Exchange Commissioner Hester Pierce believes that giants such as Tesla and MasterCard using crypto make regulating this asset class urgent

    Peirce pointed out that while “there have been calls for clarity for some time, a new administration brings the chance to take a fresh look, but it also is a moment where it seems others in the marketplace are also taking a fresh look.”

  • Gary Gensler at the SEC
    Cryptocurrencies,  Regulation,  Ripple,  XRP

    Gary Gensler at the SEC: Will he be a friend to the crypto industry?

    Although he’s written passionately about digital assets in the past, he’s previously said that most cryptocurrencies sold through ICOs are securities

    If appointed, his tenure at the SEC would likely be considerably different than Jay Clayton’s, whose legacy has been tainted by a considerable lack of regulatory certainty surrounding digital assets—much to the exasperation of the cryptocurrency innovators and investors, as well as some regulators like SEC Commissioner Hester “Crypto Mom” Peirce.

  • SEC chairman Roisman
    Cryptocurrencies,  Regulation

    The SEC gets a new chairman… for now

    While it comes at a critical time, the appointment of crypto-friendly Commissioner Elad Roisman to replace Chairman Jay Clayton at the Securities and Exchange Commission will likely last no more than a month or two

    That means Roisman is unlikely to make any big, precedent-setting decisions, like approving a Bitcoin exchange traded fund (ETF). Clayton was a strong opponent of crypto ETFs, arguing that price manipulation and fraud remains rampant.

  • SEC security token enforcement holiday
    Cryptocurrencies,  Regulation,  Ripple,  XRP

    SEC offers security token broker-dealers a five-year enforcement holiday

    The first step in providing long-awaited regulatory clarity for security token sales comes as the agency drops the hammer on Ripple for selling the XRP, which it claims is an unregistered security

    Saying that it “recognizes that the market for digital asset securities is still new and rapidly evolving,” the agency noted that the enforcement holiday is specifically for digital assets— or security tokens—that qualify as securities regulated by the SEC.