So what does SEC Commissioner Peirce decide to do during the height of this horrific crypto-carnage?
Commissioner Peirce takes the opportunity to give a speech advocating that, when it comes to the cryptocurrency marketplace (bitcoin, DeFi, etc.), the SEC needs to adopt a kinder and gentler enforcement and regulatory approach. Yes, you read that right — Commissioner Peirce wants to de-regulate crypto and grind SEC crypto-enforcement to an almost screeching halt.
Source: Commissioner Peirce wants SEC to cut itself off at the knees | John Reed Stark on LinkedIn
