SEC’s Hester Peirce Calls for Clarity, Targets Bad Actors

SEC’s Hester Peirce: Can We Get a Little Clarity, Please? 🤔

So, there we were at The Bitcoin Conference 2025, and guess who decided to drop some wisdom? Hester Peirce, the SEC’s very own superhero, swooped in to save us from the villains of the crypto world. 🦸‍♀️ She made it clear that the agency is on a mission to separate the good guys from the bad guys. “Our aim is to build a good environment for legitimate actors and a bad environment for the bad ones,” she said. Well, duh! Who doesn’t want that? 🙄

But hold your horses! Peirce also pointed out that this noble quest gets a bit tricky when the rules are as clear as mud. She explained that when the guidelines are vague, it’s like giving bad actors a VIP pass to the chaos party. “In a murky regulatory landscape, bad actors find more room to operate. Meanwhile, honest participants get pushed out—either abroad or into different industries,” she noted. So, basically, it’s a game of hide and seek, but the bad guys are winning. 🎭

Peirce has been waving the flag for clear, innovation-friendly policies like a cheerleader at a football game. She wants emerging technologies like cryptocurrency to thrive in the U.S. instead of being sent off to some offshore island where they can sip piña coladas and avoid regulations. 🍹

Her comments come at a time when the SEC is facing some serious side-eye for its “regulation by enforcement” approach. Some folks are saying it’s more like a punishment for innovation than a guiding light. Peirce’s call for balance is like a gentle nudge to reform how the agency deals with the fast-paced world of crypto and fintech. Can we get a round of applause for that? 👏

As the SEC continues to wrestle with defining rules for digital assets, Peirce’s message is as clear as a bell: Clarity is key—not just for investor protection, but for attracting the right kind of innovation to stay on American soil. So, let’s get it together, people! 🥳

Read More

2025-05-30 02:45

Previous post You have used all your credits for this month. Please add more credits to continue.
Next post Martha Stewart’s VERY interesting take on the RecipeTin Eats scandal after founder Nagi Maehashi accused baker Brooke Bellamy of plagiarism