On September 24, FOX Business reporter Eleanor Terrett revealed that SEC Commissioner Hester Peirce directly refuted SEC Chairperson Gary Gensler at a hearing held by the House Financial Services Committee, saying that the SEC took a legally inaccurate view when it came to cryptocurrencies to cover up the issue of unclear regulation.
I think we have failed in our accuracy as regulators, so in a footnote saying, "Yes, we admit that in fact the token itself is not a security" is something we should have admitted a long time ago and started dealing with those difficult issues.
SEC Commissioner Hester Peirce: The SEC has taken a legally inaccurate view when it comes to cryptocurrencies
2024-09-24 14:50:50
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