Paul Atkins and Hester Peirce spoke at ETHDenver on Wednesday on the future of regulation at the SEC and its response to crypto market volatility.
Paul Atkins, chair of the US Securities and Exchange Commission, and Commissioner Hester Peirce said on Wednesday the agency supports clarifying how tokenized securities fit within existing federal securities laws, arguing that clearer rules would give developers and investors greater regulatory certainty.
Speaking to attendees at the ETHDenver conference on the future of regulation, Atkins and Peirce addressed concerns about volatility in many cryptocurrency prices and how the agency plans to move forward with digital asset regulation amid a potential market structure bill in Congress.
In response to “falling crypto prices of late,” likely referring to the price of Bitcoin (BTC) and Ether (ETH) falling by more than 28% and 40%, respectively, in the previous 30 days, Atkins said:
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