Major areas of work that Peirce is likely to take point on will be SEC approval of initial public offerings for crypto firms like Coinbase, the first U.S.-authorized Bitcoin ETF and, of course, that ICO safe harbor. Per SEC policy, we won’t get to hear what Peirce actually thinks about the SEC’s pursuit of Ripple until after the fact, but the outcome of that case will likely be a springboard for further clarity.
In January, Peirce told attendees of the Crypto Finance Conference that embracing innovation and providing regulatory clarity needed to be priorities under the incoming SEC chairman’s leadership: “We really need to embrace innovation and figure out how we can set up a regulatory environment that’s conducive to innovation, which I think in our space means providing clarity.”
Source: Hester Peirce : Commissioner of the U.S. SEC | #25 | Cointelegraph
