The SEC commissioner has warned that the U.S. has dropped the ball on crypto regulation. cryptocurrency bitcoin $BTC
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner
Peirce, who is also known in the crypto community as “crypto mom” for her support of the industry, discussed challenges in the crypto ecosystem from a regulatory standpoint. Firstly, the commissioner mentioned fraud, stating that “There’s a lot of fraud in this space because it’s the hot area of the moment.”
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