Hester Peirce of the United States Securities and Exchange Commission is well-known as a regulator who has shown consistent support for digital assets, so much so that her moniker "crypto mom" has become unshakeable.
In a new interview with the Thinking Crypto podcast, Peirce reflected on the United States' regulatory approach to the asset class to date, arguing that, “I think we have missed the boat a bit on crypto. And I think a big piece of that comes from the failure to provide clarity in our rules.” She said that contrary to the persistent narrative that crypto is somehow indissociable from illegality and a desire to outwit the system, her own experience has been that industry participants want to comply with the rules, but have often struggled to do so without adequate guidance: