Pierce aired her views during a recent interview with Forbes.
As reported by BTC PEERS, the commissioner has repeatedly called for a clear-cut regulation of cryptocurrencies in the U.S. Pierce admits that the financial watchdog has not been clear enough on its ETF standards. She said:
Pierce goes further to admit that interest in cryptocurrencies has grown to a point where the SEC might not be able to stop it. In the absence of ETFs, investors are accessing cryptocurrencies independent of potentially regulated options. She asks rhetorically, “would it be better for us just to allow them to access it through these more standard exchange-traded products that are more familiar?”
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Source: Cryptocurrency - investing.com
