Esther Pearce Calls on US to speed ​​up BTC ETF legalization

by in Cryptocurrency News

Esther Pierce

SEC Commissioner Esther Pierce is known in the United States as a supporter of the early legalization of the cryptosphere.

It is she, along with her like-minded people, who lobbies for the digital asset recognition program.

She reiterated her concern this week over Washington's delays in legalizing the industry. Such a policy leads to the fact that the United States is losing its status as an economic power, Pearce said.

Trending: BNB Chain Gets Back to Normal After a Hack Estimated $100 M

In her opinion, it is necessary to approve the launch of bitcoin ETF crypto funds as soon as possible. For example, Canada has already taken a step in this direction, said the SEC Commissioner at the online conference The B Word, which was also attended by Elon Musk and Jack Dorsey.

Esther Pierce has once again criticized the actions of American regulators. According to her, the country's authorities are making a gross mistake by creating obstacles for investors who are ready to invest in digital assets.

At the moment, the SEC is considering more than ten applications for the launch of a Bitcoin ETF. The regulator has not yet approved any of them.