SEC Commissioner Hester Peirce on BitMEX, DeFi and a Token Safe Harbor - Ep.194

Hester Peirce, AKA “Crypto Mom,” was just confirmed to a second term as SEC Commissioner of the Securities Exchange Commission in August. In this episode, she talks about:
the reasons for her dissent in the Unikrn Settlement and what she believes would have been a proper penalty the current status of her token safe harbor proposal her thoughts on fair launch projects as opposed to traditional VC-backed tokens her view on how the SEC should view airdrops her thoughts on whether existing securities laws could be tweaked as opposed to implementing a safe harbor whether she thinks DeFi governance tokens should be considered securities her thoughts on DeFi playing its own regulatory role her thoughts on the Securities Clarity Act introduced in Congress the chances of a Bitcoin ETF being approved by the SEC in the future the charges against BitMEX and the effect it may have on the industry in general stablecoins, and how they might raise securities issues and whether she thinks that all securities could one day be tokenized Thank you to our sponsor!
Crypto.com: https://www.crypto.com

Episode links:
Hester Peirce: https://twitter.com/HesterPeirce
SEC: https://www.sec.gov

Her dissent on the Unikrn settelement: https://www.sec.gov/news/public-statement/peirce-statement-settlement-charging-token-issuer

Unconfirmed interview on her safe harbor proposal: https://unchainedpodcast.com/sec-commissioner-hester-peirce-on-her-safe-harbor-proposal/
Her token safe harbor proposal: https://www.sec.gov/news/speech/peirce-remarks-blockress-2020-02-06

Unchained interview with Cmr. Peirce: https://unchainedpodcast.com/sec-commissioner-hester-peirce-come-talk-to-the-sec/

Proposal in The Block on ways to amend existing securities law instead of issuing a token safe harbor: https://www.theblockcrypto.com/post/57207/case-for-reg-a-response-commissioner-peirce-sec-token

Is UNI a security: https://www.theblockcrypto.com/post/78231/uniswap-token-security-debate

FCA banning crypto derivatives and ETNs: https://www.coindesk.com/fca-bans-sale-of-cryptoderivatives-to-retail-consumers-in-uk
https://www.theblockcrypto.com/post/79911/uk-regulator-fca-bans-crypto-derivatives-retail-users

Securities Clarity Act: https://www.theblockcrypto.com/post/78231/uniswap-token-security-debate

Statement on ATS’s: https://www.sec.gov/divisions/marketreg/mr-noaction/2020/finra-ats-role-in-settlement-of-digital-asset-security-trades-09252020.pdf

SEC chairman Jay Clayton says all stocks could be tokenized: https://www.theblockcrypto.com/post/79783/all-stocks-tokenized-sec-chairman-clayton