Hester Peirce Calls for Public Input on Cryptocurrency Regulations – BitRss

Hester Peirce, a member of the U.S. Securities and Exchange Commission (SEC), has requested public input to address uncertainties surrounding cryptocurrency regulations. Under the newly established Cryptocurrency Task Force, the SEC aims to clarify various issues within the crypto space.

Framework for Crypto Regulations

The Task Force is focusing on topics such as the classification of crypto assets as securities, initial offerings, custody, and secondary market operations. Additionally, it is evaluating proposals related to tokenized securities, crypto lending, and listing applications. The intended regulations aim to exempt digital assets from certain legal obligations for specified periods.

Public Contributions and Discussion Process

Peirce emphasized the importance of public participation to alleviate uncertainties in the crypto sector. The public can share their opinions through a written application form and a meeting request form available on the SEC’s official website. These efforts include details that will contribute to forming the reg…