Tag Archives: Asks

SEC Commissioner Asks Gov’t to Amend Regulation For Bitcoin ETF, ICOs

SEC Commissioner Asks Gov't to Amend Regulation For Bitcoin ETF, ICOs

Whether or not financial innovations like Bitcoin could fit inside the parameters of old-school laws became the central point of Hester Pierce’s recent keynote. The U.S. Securities and Exchange Commission (SEC) Commissioner, while speaking at the University of Missouri School of Law, recognized that blockchain-based decentralized networks do not fit “neatly” within their securities framework. Therefore, it is important for policymakers and regulators to amend the existing federal laws to include new technological protocols. “Yet,” Pierce added, “many of these projects begin in a centralized manner that […]