Defining Crypto Securities
Ryan and Hester discuss the challenges of defining securities in the crypto world, highlighting the market inefficiencies caused by information asymmetry. They explore the broad definition of securities and the difficulties in applying existing regulations to digital assets like NFTs. Hester emphasizes the need for rigorous thinking and adjustments to ensure the legal structure doesn't hinder the growth of crypto activities.In this clip
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Bankless
163 - What SEC Commissioner Hester Peirce Thinks About the SEC
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