Hester Peirce Targets ‘Operation Chokepoint 2.0’ with 3 Crypto Fixes

Hester Peirce urges an end to government tactics restricting crypto services access. She advocates for clear distinctions on securities within the SEC’s scope. Collaboration with the crypto sector on public rule-making is crucial, says Peirce. SEC Commissioner Hester Peirce criticized what she referred to as ‘Operation Chokepoint 2.0,’ a regulatory chokehold stifling the crypto industry. In an interview with Fox Business, Peirce outlined three steps to bring clarity and fairness to crypto regulations under Donald Trump’s anticipated SEC leadership. NEW: @SECGov Commissioner @HesterPeirce just alluded to “Operation Chokepoint 2.0” in her interview with @LizClaman on @FoxBusiness and also outlined the 3 things she thinks need to be done under @realDonaldTrump ’s new SEC to help give the #crypto industry some clarity. 1.… — Eleanor Terrett (@EleanorTerrett) December 9, 2024 Peirce urged regulators to end government actions blocking crypto companies from accessing essential services, such as custody. “Step one is to stop this approach of trying to prevent crypto from getting access to the services that it needs to move forward,” she said. … The post Hester Peirce Targets ‘Operation Chokepoint 2.0’ with 3 Crypto Fixes appeared first on Coin Edition .

Source: Coin Edition