Commissioner Hester Peirce advocates for streamlining cryptocurrency regulations

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Regulations on cryptocurrencies are poised for a breakthrough as SEC Commissioner Hester Peirce calls for a more flexible regulatory approach to digital assets.

At the Third Annual Conference on Emerging Trends in Asset Management, she emphasized the delays in approving bitcoin and ether trading products, pointing out that the SEC needs to play a supportive role rather than a controlling one. Peirce called for increased clarity in regulatory guidance to facilitate investor access to digital assets. She highlighted that expanding custody options and improving transparency will support innovation and protect investors. Finally, she encouraged her colleagues to address structural issues to connect traditional finance with emerging blockchain products.

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