US SEC Commissioner: Lack of a viable regulatory framework hinders innovation and growth (in cryptocurrency)

According to Decrypt, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce reiterated that she is still concerned about how the SEC regulates cryptocurrencies. “I don’t think we have a viable regulatory framework that hinders innovation and growth,” she said. “In the absence of a clear path to compliance, she’s inclined to set up a “safe harbor” so that new encryption projects don’t work before they work. As for being crushed by the securities law.