2 years ago
Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.
U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce took to Twitter connected Tuesday to dependable her absorption to the summation of 20 caller jobs connected the regulatory agency’s crypto enforcement squad.
“The SEC is simply a regulatory bureau with an enforcement division, not an enforcement agency,” she tweeted connected Thursday afternoon. “Why are we starring with enforcement successful crypto?”
The SEC earlier contiguous announced plans to turn the headcount successful its newly-named Crypto Assets and Cyber Unit (previously known arsenic the Cyber Unit) to 50 from the existent 30. The bureau described that portion – which resides successful the Division of Enforcement – arsenic being liable for “protecting investors successful crypto markets and from cyber-related threats.”
SEC Chair Gary Gensler antecedently indicated successful September that helium had plans to grow the unit’s staff.
Dubbed “Crypto Mom” by galore successful the manufacture for her crypto-savvy, Peirce has been a longtime hostile Gensler’s enforcement-heavy attack to regulation. Gensler has been reluctant to stock specifics connected however crypto companies tin comply with regulations, alternatively choosing to modulate done enforcement actions.
Rep. Tom Emmer (R-Minn.), a co-chair of the Congressional Blockchain Caucus, who has previously criticized the “overregulation” of crypto, appeared to echo Peirce’s sentiment, retweeting it with the “finger pointing down” emoji.
Responding to a question connected Twitter, Peirce besides said that she was not progressive successful the cross-government Working Group ordained by U.S. President Joe Biden’s executive order connected crypto issued successful March.
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Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.
Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.
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