Crypto Mom Scolds SEC for ‘No Meaningful Action’ to Spark Crypto Industry

‘Crypto Mom’ and SEC commissioner, Hester Peirce, has extended yet another olive branch to the cryptocurrency community.

Speaking at the Securities Enforcement Forum in California on May 9th, Peirce said officials should be wary of stifling creativity with overzealous regulation. However, she also suggested a lack of regulation could have a similarly negative effect on the crypto space.

According to Peirce, the responsibility now falls solely on the SEC to apply clear guidelines to the still nascent industry.

via Crypto Mom Scolds SEC for ‘No Meaningful Action’ to Spark Crypto Industry.