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The Coin Rise 2025-03-15 18:29:17

SEC Commissioner Hester Peirce Teases New Approach to Crypto Assets

The U.S. Securities and Exchange Commission (SEC) was criticized for creating unclear rules and strict enforcement in the crypto industry under Joe Biden’s administration. Many crypto companies had trouble with the agency because they did not know which rules applied to their businesses. The new SEC Commissioner, Hester Peirce, has created a new task force. This task force aims to set clear rules instead of suing and punishing crypto companies. This change occurred when President Donald Trump returned to the White House. He has plans to support crypto innovation while tackling fraud and security issues. US SEC Unveils New Vision for Crypto Regulation In a recent interview, Peirce shared her plan to bring clear rules to crypto regulation, supported by SEC Acting Chairman Mark Uyeda. This is a shift from the old approach, where companies often face legal action without clear regulatory guidance. The SEC is holding a crypto policy conference on March 21 to discuss how digital assets should be regulated. Regulators, industry leaders, and policymakers will attend to help create clearer rules for the crypto industry. SEC’s Push for Clearer Crypto Policies with Industry Input Peirce wants the SEC to work with industry experts to create fair policies for crypto. The SEC’s task force has already sent out 50 questions to gather feedback from industry leaders. These questions focused on tokenized securities, decentralized finance (DeFi), stablecoins, and crypto trading. The SEC Commissioner said the response has been positive so far. Experts have raised issues like defining digital assets and balancing consumer protection with innovation. Peirce also notes that some challenges, like stablecoin legislation, need Congress’ attention. Whether the SEC or the Commodity Futures Trading Commission (CFTC) should oversee market structure remains. SEC Moves Towards Clarity and Fairness for Crypto Under Peirce’s leadership, the SEC is stepping away from its previous focus on lawsuits. The agency has already taken steps in this new direction by ending some legal battles, including a high-profile case against Coinbase and not limited to OpenSea . This plan aims to make fair rules so businesses in the United States can grow without worrying about lawsuits. Congress and the Supreme Court are watching the SEC and may step in if the agency fails to provide regulatory clarity. Also, pro-crypto Paul Atkins is set to become SEC chairman. His leadership could further support Peirce’s vision and give the crypto industry the clear rules it has wanted for years. The post SEC Commissioner Hester Peirce Teases New Approach to Crypto Assets appeared first on TheCoinrise.com .

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