US Has Dropped The Ball On Crypto Regulation, Says SEC Commissioner Hester Peirce

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“We can go after fraud and we can play a more positive role on the innovation side, but we have to get to it, we’ve got to get working,” said Peirce.

“I haven’t seen us willing to do that work so far.”

“The crypto exchanges should come in and register,” continued Gensler on Capitol Hill last week, “Or, frankly, we’re going to continue to bring, use what Congress has given us, in our enforcement and examination functions.”

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Gensler also recently told House lawmakers that the rules are “actually quite clear.”