SEC Commissioner Hester Peirce launches a national tour aimed at connecting with small crypto projects and gathering feedback on cryptocurrency regulation.
Goals of the Crypto Tour
The tour is designed to establish closer communication between regulators and innovators in the cryptocurrency space. The team will engage with representatives of small crypto projects to collect feedback and develop a more balanced approach to regulation. Hester Peirce, known for her support of innovation, aims to shift the SEC into a listening role.
Engagement with Small Crypto Startups
Rather than relying on blanket rules, the SEC offers a constructive dialogue. Peirce emphasizes that innovation does not only occur in large cities but also in communities across the U.S. "We want to meet people where they are and understand their realities," she stated.
Impact on Future Regulation
This tour may become a significant step for cryptocurrency regulation in the U.S. It highlights the importance of small startups that play a key role in blockchain innovation and should be heard in the policymaking process. Engagement with the SEC offers a unique opportunity for small projects to express their views and influence future rules.
Hester Peirce's tour launch represents a significant move towards more open and responsive cryptocurrency regulation, which could reshape the sector's landscape in the future.