February2020

FINLAW: Peirce’s proposed safe harbor for three years of crypto (almost) regulatory immunity unlikely to become reality; Telegram Court proceeding presents opportunity for clarification of law

SEC Commissioner and Crypto Mom Hester Peirce completed her adoption of the crypto industry four days ago.  Peirce single handedly proposed a safe harbor for crypto/digital asset offerings excusing all regulatory violations except fraud.  The safe harbor proposal provides regulatory immunity except for fraud to crypto offerings for a period[…]