SEC Commissioner Hester ‘Crypto Mom’ Peirce Optimistic About Clarity Act

Bitcoin Magazine

SEC Commissioner Hester ‘Crypto Mom’ Peirce Optimistic About Clarity Act 

The Security and Exchange Commission’s outgoing commissioner, Hester Peirce, has expressed optimism that the long-awaited Clarity Act will pass.

Speaking on CoinDesk’s The Policy Protocol show, the regulator said that passing the law would help the SEC in drafting regulation.

Lawmakers are pushing to get a vote on the crypto market structure bill — or Clarity Act — before the Senate goes to recess. Some Republicans have bemoaned that Democratic members of the senate are deliberately dragging their feet with the bill.

“I’m still optimistic that the bill will get finished, and it will give I think the industry and investors and regulators an easier path forward because there’ll be very clear lines about who has authority over the crypto spot market, for example,” Commissioner Peirce said.

… Continue reading the full article at the original source below.