Post
Topic
Board Legal
Re: Cryptocurrencies Face Greater Oversight Under Gensler-Led SEC
by
Harlot
on 23/01/2021, 22:33:53 UTC
Also Hester Pierce the know mother of crypto is still in term until 2025 so I think there will still be some kind of debate and not a one-sided kind of policy making.

Hester Pierce has no word in this, besides she was nominated by Trump and the republicans so probably nobody will give a damn what she says in a couple of months, and besides you can see in what influence she had till now, close to zero in 3 years.
Besides she is more like an altcoin mom, I see her more interested in ICOs than bitcoin.

Uhmm probably has something to do with ICOs being more security related which is under SEC's direct concern. From what I have seen Jay Clayton in an interview said that Bitcoin is identified as not a security so probably when it comes to law making and regulations coming from the SEC we won't see a direct affect to it towards Bitcoin since its not one of their concerns. Maybe if this law submitted by them got lost in translation to the congress and the senate then maybe this is how things will screw up for Bitcoin if they included all cryptocurrencies.