The SEC, long viewed as an obstacle to crypto innovation, is shifting its stance under the leadership of Hester Peirce, now heading the newly formed Crypto Task Force.
Known as “Crypto Mom,” Peirce is championing clear, innovation-friendly regulations to replace the enforcement-heavy tactics of the past, which created uncertainty and stifled progress.
This transformation aligns with Peirce’s long-held vision of fostering experimentation in blockchain and digital assets. By focusing on transparency and practicality, the SEC aims to support responsible innovation.
Recent leadership changes, including Acting Chair Mark Uyeda, suggest the agency is ready to revisit outdated policies.
Among these are potential moves to allow Ethereum ETFs to stake assets and permit in-kind redemptions, aligning U.S. rules with more flexible global standards.
Peirce’s leadership represents a pivotal moment for crypto in the U.S., creating optimism in an industry eager for regulatory clarity. Her efforts signal a future where innovation is encouraged, ensuring the U.S. can compete as a leader in blockchain technology and digital asset adoption.
Binance Futures has announced the addition of two new USD-margined perpetual contracts, FUNUSDT and MLNUSDT, expanding the selection of trading pairs on its platform.
Japan’s Financial Services Agency (FSA) is working on a proposal to amend existing financial laws, aiming to bring cryptocurrencies under the same regulatory framework as traditional financial instruments.
South Korea’s crypto investor base has now surpassed 16 million, narrowing the gap with the number of stock investors in the country.
The U.S. Commodities Futures Trading Commission (CFTC) has taken a significant step by revoking a previous directive that had suggested stricter oversight of digital asset derivatives.