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SEC Commissioner Hester Peirce Plans Multi-City Crypto Engagement Tour

The SEC’s Crypto Task Force, led by Commissioner Hester Peirce, hosts a roundtable event in Chicago as part of a national effort to gather feedback and hear from smaller crypto projects.

Summary

The SEC’s Crypto Task Force, spearheaded by Commissioner Hester Peirce, continues its national tour with a recent stop in Chicago. The initiative aims to connect with representatives from smaller crypto projects and ensure comprehensive outreach for developing regulatory frameworks. The Task Force seeks to gather diverse perspectives, addressing challenges in crypto regulation and fostering more inclusive policymaking.

Terms & Concepts
  • Crypto Task Force: A U.S. SEC initiative designed to engage with the cryptocurrency industry and shape a regulatory framework that respects the bounds of the law.
  • Crypto-related projects: Businesses or initiatives involved in developing or supporting blockchain and cryptocurrency technologies, often including startups or established entities.
  • Regulation-by-enforcement: A regulatory approach where actions are taken through enforcement of existing laws rather than creating new, proactive regulatory frameworks.