SEC Puts Pressure on Congress with 7 Critical Crypto Reform Demands
SEC Commissioner Hester Peirce is pushing Congress to streamline crypto regulations, arguing that overlapping agency oversight creates inefficiencies.
Speaking at the DC Blockchain Summit, she outlined a seven-point plan, urging lawmakers to empower existing agencies instead of creating new ones, clarify federal oversight, and protect peer-to-peer crypto transactions.
She called for federal preemption in interstate commerce, clearer asset classification, and traditional market rules for crypto trading platforms. Peirce emphasized the need for strong oversight while preserving financial freedom, advocating for a balanced, innovation-friendly regulatory framework.
Clever Robot News Desk 1st April 2025
