SEC commissioner Peirce publicly rebukes her agency, Gensler on crypto regulation
Publishing timestamp: 2023-02-09 21:13:59
Summary
SEC Commissioner Hester Peirce publicly criticized the SEC's enforcement action against crypto exchange Kraken, calling it "paternalistic and lazy" and questioning if a "hostile" regulator is the best solution for the industry. Peirce argued that the current regulatory environment makes it impossible for crypto-related offerings to gain approval.
Sentiment: NEGATIVE
Tickers: COIN,
Keywords: fintech, cryptocurrency, business news, cryptocurrency exchanges, investment strategy, gary gensler, technology, coinbase global inc,
Source: https://www.cnbc.com/2023/02/09/sec-commissioner-breaks-with-sec-gensler-on-crypto-regulation.html