‘Unbelievably bullish’: Crypto bros celebrate new SEC task force led by ‘crypto mom’
Crypto bros rejoiced Tuesday after President Donald Trump’s revamped Securities and Exchange Commission (SEC) launched a new cryptocurrency task force led by Hester Peirce, known by some in the industry as “crypto mom.”
SEC Forms New Crypto Task Force Spearheaded by Hester Peirce
The SEC’s new crypto task force will also coordinate with the Commodity Futures Trading Commission (CFTC) – which, under the leadership of former Chair Gensler and former CFTC Chairman Rostin Behnam, has been locked in competition with the SEC over which agency should be the primary regulator of the crypto industry.
The acting chair of the Securities and Exchange Commission named Republican Commissioner Hester Peirce as the head of a new ...
Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS standards.
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