Peirce Calls for Crypto Clarity: Innovation Prioritized!

On Tuesday, May 20, 2025, SEC Commissioner Hester Peirce gave important signals about the regulatory future of cryptocurrencies. Speaking at the “SEC Speaks” event, Peirce emphasized the need to provide the clarity the industry expects and support innovation.

“Usage-Oriented Tokens Are Not Securities”:

Peirce stated that a large portion of crypto assets are for use or consumption only and do not represent economic rights in any institutional entity. He argued that such assets should not be subject to federal securities laws. This approach could be a positive development for many projects in areas such as DeFi and GameFi.

Role of Regulators and Judicial Decisions:

The Commissioner stated that the SEC has held more than 100 meetings to provide guidance to the crypto sector. However, he disagreed with the fact that some courts consider secondary market crypto asset sales as securities transactions, stating that the Commission should not overly rely on judicial decisions. Peirce argued that a more proactive and predictable regulatory framework is needed.

Hope for the Future:

Hester Peirce's remarks suggest that there is potential for a flexing of the US's rigid regulatory stance. Increased legal clarity and proper classification of tokens could help crypto projects thrive in a safer environment in the US. The industry looks forward to these moderate voices gaining wider acceptance.