Waters Criticizes SEC’s Crypto Rules, Calls for Year-End Stablecoin Bill

Quick Summary:

Peirce stated, “We’re trying to be ambiguous because the legal precision carries with it real implications.” She also believes that the SEC is doing this intentionally, making it difficult for institutions and firms involved in crypto to understand how to comply with the rules.

Meanwhile, the SEC has been overly strict regarding crypto regulation.

Following this, the Republican Commissioner Hester Peirce agreed that the SEC hasn’t made the rules clear enough.

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets: United States

Topics: Crypto Regulations Crypto news News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 17:39:22 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 247 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22698387

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