The SEC's Hester Peirce called SAB 121 a 'pernicious weed,' criticizing her agency's closed-door approach to regulating the crypto industry.
Securities and Exchange Commission's Hester Peirce called a controversial crypto accounting guidance a "pernicious weed," criticizing her agency's approach to regulating the industry.
Peirce noted, as she usually does in public speeches, that her views are hers and not those of the SEC.
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