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SEC Commissioner Hester Peirce Concerned Crypto Industry Hindered by Regulatory Delays

Published 05/09/2019, 06:25 PM
Updated 05/09/2019, 06:42 PM
SEC Commissioner Hester Peirce Concerned Crypto Industry Hindered by Regulatory Delays

United States regulator and so-called “crypto mom” Hester Peirce gave remarks in which she expressed fears that the cryptocurrency industry has been hindered by the Securities and Exchange Commission (SEC) dragging its heels. Peirce spoke at the Securities Enforcement Forum in East Palo Alto, California on May 9.

In her speech, Peirce stated that, given the rapid development of the digital currency industry, she worried that the SEC’s hesitance to provide clear guidance would hold back its growth.

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