SEC Commissioner Hester Peirce discusses her proposal for a three-year protected harbor interval for token gross sales. We discuss what issues she hopes to unravel with this suggestion, the circumstances that token issuers must meet to qualify for it, comparable to reaching a decentralized community or practical token inside three years, and the way she defines these phrases. We additionally cowl how the opposite commissioners have obtained her proposal and what the subsequent steps are to her proposal doubtlessly being adopted.
Thanks to our sponsors!
eToro: https://www.etoro.com
Crypto.com: https://crypto.com
Kelman Regulation: https://kelman.legislation
Episode hyperlinks:
Hester Peirce: https://twitter.com/HesterPeirce
The SEC: https://www.sec.gov/
Full speech and proposal: https://www.sec.gov/information/speech/peirce-remarks-blockress-2020-02-06
Fortune article on the proposal: https://fortune.com/2020/02/06/ico-sec-cryptocurrency-proposal-investing/
Critique that proposal will solely allow scammers: https://davidgerard.co.uk/blockchain/2020/02/08/sec-commissioner-hester-peirces-safe-harbor-proposal-for-icos-will-only-enable-scammers/
CoinDesk article on crypto neighborhood response: https://www.coindesk.com/sec-safe-harbor-proposal-lauded-by-token-fans-defi-builders-at-0x-conference
Hyperlinks from information recap:
https://unchainedpodcast.com/indications-the-market-is-heating-up/
