US Securities and Exchange Commission (SEC) member Hester Peirce offered a few suggestions for longer-lasting changes in crypto regulation between administrations with potentially different views. Speaking at the DC Blockchain Summit on March 26, Peirce, who heads the SEC’s crypto task force, said she expected that the commission could create more “durability” for digital asset regulations through rulemaking at the agency and legislation in Congress. Such rulemaking and laws, according to the SEC commissioner, would be in contrast to guidance issued by the agency, such as a recent statement suggesting that memecoins do not qualify as securities. “I hope people won’t be sitting around thinking about the Howey test,” said Commissioner Peirce, speculating on the direction the SEC was headed
source: https://cointelegraph.com/news/hester-peirce-sec-rulemaking-congressional-action-crypto-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound