Does Kraken have its own SEC commissioner?
Yesterday, the U.S. Securities and Exchange Commission demanded that Kraken shut down its staking service. And today, SEC Commissioner Hester Peirce lashed out at her fellow regulators over their decision on the crypto exchange. According to Peirce, the SEC should develop transparent registration rules, instead of banning a program that served both investors and companies well. “Using enforcement actions to tell people what the law is in an emerging industry is not an efficient or fair way of regulating,” the commissioner said. What title is after commissioner? Start a petition!
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Yesterday, the U.S. Securities and Exchange Commission demanded that Kraken shut down its staking service. And today, SEC Commissioner Hester Peirce lashed out at her fellow regulators over their decision on the crypto exchange.
According to Peirce, the SEC should develop transparent registration rules, instead of banning a program that served both investors and companies well.
“Using enforcement actions to tell people what the law is in an emerging industry is not an efficient or fair way of regulating,” the commissioner said.
What title is after commissioner? Start a petition!
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