U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for token offerings. The news was reported by Singaporean blockchain business consulting firm Jenga BCG in a press release published on Aug. 5.
Per the document, Pierce made her remarks during the Convergence Forum held at the Singapore University of Social Sciences and sponsored by the local blockchain business consulting firm Jenga BCG. The conference — which has allegedly seen over 500 attendants on July 30 — reportedly included discussions brought on by international regulatory officials and various industry insiders.