EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look a...
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner. EU Commissioner Calls on U.S. Lawmakers to Establish New Crypto Rules Mairead McGuinness, the European Commission’s commissioner for financial services, talked about cryptocurrency regulation in an interview with the Financial Times, published Tuesday. Referencing the Markets in Crypto-Assets....
Related News
The SEC commissioner explains why the SEC’s approach has been “too slow and too ambiguous” and why she’s optimistic for 2021.
New regulations take time to allow for public feedback, SEC Commissioner Hester Peirce said at CoinDesk's Bitcoin for Advisors conference.
During her visit to the United States, the official highlighted the importance of a truly global regulatory effort. While the European Union proceeds with smoothly passing its landmark crypto framework, the Markets in Crypto-Assets (MiCA), through the legislation phases, its financial services chief urges their United States’ counterparts to keep in step to ensure the forthcoming regulations will be global, not local. On Oct. 18, the European Commission’s financial services commissioner Mairead McGuinness emphasized to the Financial Times that the regulatory efforts should take a global....
The U.S. Securities and Exchange Commission (SEC), commissioner Hester Peirce, popularly known as “crypto mom,” signaled that SEC could develop stricter rules around crypto stablecoins soon due to the Terra’s UST crash incident. According to Reuter’s report, on May 12, Pierce commented on the progress in an online discussion hosted by the London-based Official Monetary […]
“We’re not a merit regulator, so we shouldn’t be in the business of deciding whether something is good or bad,” SEC Commissioner Hester Peirce said. Securities and Exchange Commissioner Hester Peirce has voiced concerns over the United States lagging behind global jurisdictions in adopting cryptocurrency exchange-traded funds (ETFs).During an online appearance at the Bitcoin (BTC) conference “The B Word,” Peirce pointed out that many other countries such as Canada have already been trading crypto ETFs, while the U.S. is still deciding whether to approve such a trading instrument. She....