U.S approach to crypto-regulations pushed innovation abroad: SEC’s Hester Peirce


Has the U.S approach to regulating crypto been harmful to innovation? According to many, the answer is in the affirmative. A similar sentiment was recently shared by SEC Commissioner Hester Peirce who said,
“By being too slow and too inflexible, we have pushed some innovation outside the U.S, that would otherwise have happened here.”
Speaking on the ‘Future of Digital Asset Regulation at the SEC‘ at an event organized by the U.S Chamber of Commerce, Peirce expressed her concerns with a few of the SEC’s latest actions that may have created an environment of uncertainty around crypto-regulati