Summary
TLDR: SEC Commissioner Hester Peirce has been a vocal advocate for crypto since joining in 2018, despite skepticism from colleagues like Chair Gary Gensler. She is frustrated with the SEC’s reluctance to embrace crypto as an asset class.
Key Points
1. Hester Peirce has been a vocal advocate for cryptocurrency since joining the SEC in 2018, despite facing skepticism from some of her colleagues.
2. Peirce has expressed frustration with the SEC’s approach to regulating crypto, particularly its tendency to pass judgment on the asset class.
3. It is important to note that Peirce’s views on cryptocurrency are her own and do not necessarily reflect the official stance of the SEC.