Latest news with #HesterPeirce
Associated Press
16 hours ago
- Business
- Associated Press
Real Mamas of Crypto Launches New Website and Announces June Summit
Expanding Digital Presence and In-Person Community for Mothers in Web3 NEW YORK - May 29, 2025 - Real Mamas of Crypto, a powerful network of 150+ accomplished mothers leading Web3 innovation, is proud to announce the launch of its newly redesigned website at . On the heels of this digital milestone, the organization will host its 'A Conversation with Crypto Moms' Summit on June 27th, 2025, bringing the industry together with mothers in the crypto community for conversation around the challenges and opportunities in the crypto space. The reimagined Real Mamas of Crypto website serves as a comprehensive hub featuring community highlights, upcoming events, and a way to join the community. By enhancing digital accessibility, Real Mamas aims to reach more senior-level mothers who seek authentic connection and practical guidance throughout their careers within web3. Motherhood has shown me the importance of prioritization and multigenerational thinking. This perspective is critical in an industry developing technology that will create significant cultural and societal shifts. The unique viewpoint that mothers bring is our greatest professional asset—one that society must recognize and value properly. - Joyce Lai, Esq. Founder of Real Mamas of Crypto. The June Summit represents RMC's commitment to fostering in-person connections within its growing community. This half-day event will welcome mothers, experts, and allies to engage in panel discussions, and networking opportunities focused on the challenges and opportunities in the crypto space. The program will include a virtual fireside chat with Securities and Exchange Commission Commissioner Hester Peirce, whom the crypto community colloquially refers to as the 'Crypto Mom.' She will be interviewed by Joyce Lai, Founder of New Territories LLC and Real Mamas of Crypto, and Thania Charmani, Partner at Winston & Strawn LLP. In addition, the program will include a featured panel titled 'What to Build? Hype vs. Signal for the Rest of 2025,' which will explore how founders and stakeholders can navigate market noise around tokenization and AI to focus on what truly matters. The panel will be moderated by Maria Adamjee, Director, Head of Institutional Affairs at Polygon. Speakers include Jay Biancamano, Strategic Advisor for Tokenization at Platonic, and Lei Lei, VP, Global Head of BD & Strategy at Kite AI. Registration for the June Summit is invite-only. For information on how to request an invitation, please visit . About Real Mamas of Crypto Founded in 2022, Real Mamas of Crypto is a growing group of 150+ senior-level mothers shaping web3's future. From grassroots beginnings, we've grown into a powerful network of executives, founders and partners across global tech hubs. Members represent leading protocols, VCs and financial institutions, sharing perspectives at the intersection of motherhood and digital innovation while supporting each other's professional and personal growth. For media inquiries, please contact [email protected].
Yahoo
a day ago
- Business
- Yahoo
Asia Morning Briefing: Cooling BTC Pushing Up Altcoin Volumes
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Bitcoin (BTC) is trading above $105K as Asia begins its business day, down 1%. In a note, Paris-based digital assets trading firm Flowdesk wrote that the world's largest digital asset was moving into a tactical posture with price consolidation. "As BTC consolidates near all-time highs, altcoin volumes and liquidity have seen a continued meaningful shift upwards," Flowdesk wrote. Flowdesk notes that Bitcoin's volatility continues to decline despite looming macroeconomic events that typically shake up markets. With BTC consolidating near its all-time high, there's a noticeable rise in call overwriting, Flowdesk observed, as traders seek to monetize potential upside without giving up core bitcoin exposure. "The altcoin rotation continues, ETF inflows are back, and vol positioning reflects a transition to more tactical, yield-generating strategies," Flowdesk concluded. Meanwhile, CoinDesk's Market Insight bot reported that BTC faces downside risks after hitting strong resistance near $108.8K, but ongoing institutional interest may provide support. Unknown block type "articleLink", specify a component for it in the ` option U.S. House Republicans officially introduced the Digital Asset Market Clarity Act, CoinDesk reported Thursday U.S. time, their latest push to regulate crypto markets. This 236-page bill, a successor to the earlier FIT21 Act, gives the Commodity Futures Trading Commission primary oversight of digital commodity markets, establishes clear guidelines for crypto exchanges, and exempts certain decentralized finance (DeFi) services from Securities and Exchange Commission (SEC) oversight. Flowing parallel to this, the Senate remains focused on separate bipartisan stablecoin legislation, which is further along procedurally but faces ongoing debate. With committee hearings scheduled for next week, lawmakers will publicly discuss the new House bill, setting the stage for negotiations that could shape U.S. crypto regulation this session. Hester Peirce, chief of the U.S. Securities and Exchange Commission's crypto task force, urged crypto investors at Bitcoin 2025 to take personal responsibility for their losses rather than seek government bailouts, CoinDesk reported Thursday from BTC Vegas. Peirce emphasized consistency among libertarian-minded crypto traders, arguing that those who demand freedom must also accept accountability for their financial outcomes, particularly when engaging in speculative ventures like memecoins. Peirce highlighted ongoing efforts under Republican leadership to clarify the SEC's jurisdiction, stating that most crypto tokens aren't securities and thus don't require SEC registration unless they are explicitly involved with securities. She remained neutral on companies holding digital assets on their balance sheets, provided proper disclosure. Despite the current strides in policymaking at the SEC, Peirce noted that establishing a federal crypto regulator for retail trading would necessitate clear legislative action from Congress. Blockchain Founders Fund (BFF), a Singapore-based venture capital firm focused on early-stage Web3 and blockchain startups, is set to announce Friday at Web Summit in Vancouver that it has surpassed 200 investments across more than 160 companies. Founded in 2018, the firm is known for supporting projects such as Shardeum, an Ethereum-compatible blockchain platform utilizing dynamic state sharding, and Validation Cloud, an infrastructure company merging traditional enterprises with blockchain and AI technologies. The fund announced in October that it had hit the 150 mark for investments. BTC: Bitcoin is trading at $105,713 as Asia begins its business day, having fluctuated between $105,682 and $108,927 over the last 24 hours, encountering resistance near the upper range and signaling potential bearish momentum. ETH: Ethereum is up 6%, peaking at $2,784 before stabilizing near $2,650, as strong trading volumes and institutional optimism outweigh broader economic uncertainties. Gold: Gold is up 0.4%, trading at $3,311, as the U.S. economy shrunk 0.2% on weaker spending, tariff impacts. Nikei 225: Japan's Nikkei 225 dropped 1.55% as Asia-Pacific markets fell Friday amid U.S. economic slowdown, inflation concerns S&P 500: The S&P 500 closed up 0.4% at 5,912.17 Thursday, boosted by Nvidia but restrained by investor caution amid developments surrounding Trump's "reciprocal" tariffs. SEC Files to Dismiss Long-Running Lawsuit Against Binance (CoinDesk) 'Most-Hated L1': Arthur Hayes Thinks Ethereum Could Double in Price This Year (Decrypt) Tokenized equities will be 'bigger than stablecoins': Backed CEO (Blockworks) Inside the $400 million Coinbase breach: An Indian call center and teenage hackers (Fortune) Russia Says Financial Institutions Can Offer Crypto-Linked Instruments to Qualified Investors (CoinDesk) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
SEC Task Force Chief Says Crypto Traders Need to be Growups, Not Cry to Government
LAS VEGAS, Nevada — You shouldn't be a crypto libertarian that comes crying for government help when things go badly, according to Hester Peirce, the chief of the crypto task force at the U.S. Securities and Exchange Commission. "I do think that sometimes, when something bad happens in this space, people who are remarkably free thinkers, libertarian-minded people, come in and say, 'Where was the government? Why weren't you protecting me? Hey, Crypto Mom, where's my bailout?'" she told a crowd at Bitcoin 2025 in Las Vegas, referring to her industry nickname. "C'mon, let's have some consistency,' Peirce continued. 'Yes, you should have freedom to make your own choices, and when it goes wrong, pick yourself up, dust yourself off, learn from it and do better next time. And that is the best way to move forward." Since Republicans took control of the SEC, including Commissioner Peirce and newly arrived Chairman Paul Atkins, they've worked to issue statements and directives to carve out corners of the crypto sector from the agency's jurisdiction, including memecoins, some crypto mining and certain stablecoins. But there remains a pathway of policymaking the agency has started down while lawmakers in Congress are also working on sweeping new laws that could further set its agenda. The SEC has a lot of current authority to clarify the nature of crypto securities, Peirce said, but if people want a U.S. federal regulator for retail trading, they'll need Congress to produce legislation to make that happen. She put the question to her audience on Thursday, whether they wanted a federal crypto regulator. "NO!" somebody shouted. 'There you go, you have one answer,' she quipped. Peirce said that most crypto tokens aren't themselves securities, and as a result, trading platforms handling them shouldn't need to register with the SEC unless they're also touching the securities world. Asked about memecoins, which an agency statement said are outside its enforcement interests, Peirce offered it as an example of where investors need to look out for themselves. 'Be an adult," she said. "If you want to engage in speculation, go for it. But if something goes wrong, don't come complaining to the government about it.' And as for the trend of companies putting digital assets into their own treasuries, she said public companies are entitled to do what they like — as long as they're properly disclosing it. "They can make their own decisions," she said. "I'm agnostic." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Crypto Insight
21-05-2025
- Business
- Crypto Insight
SEC crypto task force to release first report ‘in the next few months'
US Securities and Exchange Commission (SEC) Chair Paul Atkins appeared before lawmakers in one of his first hearings since taking the reins at the financial regulator, addressing questions about his plans for the cryptocurrency industry. In a May 20 hearing discussing oversight of the SEC, Atkins reiterated his pledge to make regulating digital assets a 'key priority' while chair. In response to questions from North Carolina Representative Chuck Edwards, the SEC chair did not directly answer how much of the regulator's funds were used to support the crypto task force headed by Commissioner Hester Peirce, and said its findings were 'still under development.' 'We should be having something here in the next few months with proposed steps forward,' said Atkins, referring to the task force's first report. Atkins' appearance at the oversight hearing was one of his first since being sworn into office in April. Nominated by US President Donald Trump, Atkins, also a former commissioner, was seen by many lawmakers and those in the digital asset industry as someone who could radically change the SEC's approach to crypto. Looking to Congress for help with regulatory clarity Atkins' remarks came less than 24 hours after US senators voted to move forward on consideration of a bill to regulate stablecoins, the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act. The bill is one of many related to aspects of digital assets that could affect how the SEC regulates the industry alongside agencies like the Commodity Futures Trading Commission (CFTC). 'Whatever happens in Congress […] that will help undergird what we do,' said Atkins. Since being sworn into office in April, the SEC chair has given opening remarks and overseen the commission's roundtable events on digital assets. The next event, scheduled for June 9, will have SEC commissioners and industry leaders discuss issues related to decentralized finance. Source:
Forbes
20-05-2025
- Business
- Forbes
What The SEC's Crypto Roundtable Series Mean For Digital Assets
The SEC Crypto Task Force (CTF) is hosting a five-part roundtable series on digital assets, decentralized finance (DeFi), and the evolving role of AI in these industries. While the initiative may appear procedural, it signals a subtle but important shift: the SEC may finally be open to more transparent engagement, rather than relying almost exclusively on enforcement. For over a decade, U.S. digital asset regulation has been driven primarily through enforcement actions. The SEC has consistently asserted that most tokens fall under its jurisdiction as securities—but has done so mostly through enforcement, not formal rulemaking. This approach has created legal uncertainty, market fragmentation, and increasing frustration among innovators and investors alike. Meanwhile, other jurisdictions—such as the EU and Hong Kong—have introduced comprehensive regulatory frameworks for crypto. The EU's Markets in Crypto-Assets Regulation (MiCA) and Hong Kong's Virtual Asset Trading Platforms (VASP) regime provide relatively clear rules, even if not everyone agrees with their substance. Against that backdrop, the U.S. has begun to look like a laggard, regulating via subpoenas and no-action letters rather than well-defined rules. The SEC's roundtable series appears to acknowledge that status quo may not be sustainable. WASHINGTON, DC - APRIL 25: The Securities and Exchange Commission headquarters is seen on April 25, ... More 2025 in Washington, DC. SEC held a roundtable with the SEC's Crypto Task Force that was titled 'Know Your Custodian: Key Considerations for Crypto Custody' in which they heard from officials working in Crypto. (Photo by) Led by Commissioner Hester Peirce, the CTF's mission is to 'help the Commission draw clear regulatory lines, provide realistic paths to registration, craft sensible disclosure frameworks, and deploy enforcement resources judiciously.' So far, the sessions have examined topics including securities classifications for digital assets, broker-dealer registration for crypto platforms, crypto custody, tokenization and DeFi. The format of the roundtables—public, agenda-driven, and inclusive of industry, academic, and regulatory voices—does represent a marked shift in tone. Historically, the crypto projects have received little practical guidance for novel technologies that don't fit into the traditional securities framework. That point came into sharp focus during the April 11 session, which asked whether crypto trading platforms—especially decentralized ones—can realistically comply with existing rules without fundamentally altering their structure. If regulation continues to demand conformity to outdated models, industry participants argue it could stifle innovation or drive platforms offshore. Participants in the CTF Roundtables noted more listening and a willingness from the SEC to engage on operational complexity—something that has been lacking in previous years. Adding to the urgency is the global regulatory landscape. Clearer frameworks abroad are drawing talent, capital, and innovation away from the U.S., while increasing pressure on domestic regulators to catch up. Meanwhile, digital assets are becoming more intertwined with AI infrastructure. AI is being used to automate governance, monitor compliance, and power data analysis across decentralized systems. This convergence creates new layers of risk and complexity that the SEC has not yet meaningfully addressed. Adapting rules for blockchain has been challenging enough—adding AI into the mix will demand even more sophistication. While these roundtables won't themselves resolve the key legal questions facing the crypto industry, they do serve a critical function: they publicly acknowledge the need for regulatory nuance and invite industry feedback on how to craft smarter frameworks. They offer the SEC a platform to hear directly from builders and operators—not just litigants—and allow for more open discussion of the friction between innovation and compliance. The next roundtable, set for June, will focus on DeFi and the American spirit—a topic that has attracted interest from both DeFi pioneers and traditional finance (TradFi) institutions. For industry participants, the roundtables offer more than just lip service. They may be the first step toward a regulatory environment that is more predictable, more transparent, and more compatible with the technologies shaping the future of finance.
