Unchained Spotlights Block & Order’s Exclusive Interview with SEC Commissioner Hester Peirce
We’re thrilled to share that FRB Partners and Block & Order Podcast co-hosts Kyle M. Lawrence and Moish E. Peltz interviewed SEC Commissioner Hester Peirce, with the podcast also being featured in leading digital assets industry news outlet Unchained. The article, written by regulatory reporter Veronica Irwin is titled: "Trump Promised Clear Crypto Regulations, but the SEC Might Not Be Prepared to Give Them."
Described by Kyle Lawrence as "the best Block & Order episode we've ever recorded", the conversation with Commissioner Peirce dove into pressing issues in cryptocurrency regulation, including the challenges surrounding NFTs, the potential of stablecoins, and the importance of open dialogue with the SEC. She advocated for a balanced regulatory approach that fosters innovation while safeguarding investors, drawing attention to lessons the U.S. could learn from international regulatory frameworks.
Unchained’s article highlights Commissioner Peirce’s concerns about the SEC’s readiness for a more crypto-friendly administration. While she acknowledges the potential for developing thoughtful rules, she highlights the lack of preparedness to answer the critical question: "What should those rules be?" This underscores the importance of proactive engagement and thoughtful regulation in the evolving crypto landscape.
“What I worry is going to happen is [we will] get a more open mind toward developing good rules, and then [when] they say ‘okay, so what should those rules be?’ no one knows what to do" Commissioner Peirce explained during the podcast.
Following the publication of Unchained’s article, Peirce took to X (formerly Twitter) to clarify her remarks: "My point was simply that people inside & outside the agency need to be thinking now about what good crypto regulation looks like. We need good ideas to fuel a public discussion."
My point was simply that people inside & outside the agency need to be thinking now about what good crypto regulation looks like. We need good ideas to fuel a public discussion. In the meantime, small-scale pilot projects can yield useful insights: https://t.co/j1nYCEHqH2
— Hester Peirce (@HesterPeirce) November 12, 2024
We are thrilled that Block & Order has contributed to this important conversation and invite you to listen to the full episode for a deeper understanding of the complexities of crypto regulation or reach out with any questions related to crypto, web3, or digital assets matters below.