• Crypto regulation needs to allow for 'trial and error' in the market and account for variations between stablecoins, SEC Commissioner Hester Peirce says

    9 days ago - By Business Insider

    SEC Commissioner Hester Peirce. Chris Maddaloni/CQ Roll Call
    Crypto regulation should leave room for innovation to flourish or fail, said SEC Commissioner Hester Peirce.
    She also spoke about stablecoins that were in focus as the price of US-dollar pegged TerraUSD coin plunged.
    The crypto proponent said variations in the market make it "difficult" to craft a regulatory framework.
    The growing cryptocurrency market needs regulatory support to allow innovation to flourish and to flop, and the spotlight thrown on stablecoins during this week's plunge of TerraUSD highlights the need to be...
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