SEC’s Hester Peirce Tackles ‘Frustrating’ Crypto Regulation – And Why It’s So Slow - Ep. 507

This podcast episode covers the latest regulatory issues surrounding cryptocurrency in the US. SEC Commissioner Peirce believes the SEC has taken a "regulation by enforcement" approach and suggests developing position papers and working with Congress to establish a comprehensive regulatory framework. Other topics discussed include the FINRA special purpose broker dealer license, the proposed definition of an exchange rule, and the role of regulatory agency staff members' guidance. The episode also highlights the SEC's stance on crypto regulation, the questionable background of crypto firm Promethium, and recent developments in the industry, such as Uniswap's V4 release, North Korean crypto laundering, and various bankruptcy cases.