U.S. Securities and Trade Fee Hester Peirce has denied endorsing non-public cryptocurrency tasks or cryptocurrency corporations.
This comes after OpenVPP, a cryptocurrency undertaking that’s meant to streamline the electrical utility sector with blockchain, introduced that it was working “alongside” Peirce on the tokenization of vitality.
The undertaking additionally hooked up a photograph of Peirce and OpenVPP CEO Parth Kapadia, which was ostensibly meant to sign some form of endorsement. The social media submit clearly has a promotional spin.
Crypto job pressure roundtables
Peirce, who has been dubbed “Crypto Mother” as a consequence of her cryptocurrency-friendly views, is spearheading the company’s cryptocurrency job pressure that’s meant to foster engagement with early-stage cryptocurrency startups which have simply 10 or fewer staff. The purpose of the duty pressure is to guarantee that the voices of smaller cryptocurrency corporations are taken into consideration when growing rules for the trade.
The company is within the strategy of conducting a sequence of roundtable discussions throughout the U.S. New York Metropolis is ready to be the subsequent cease for the SEC, in response to the schedule that was unveiled earlier this 12 months. The tour can even embrace such cities as Los Angeles, Cleveland, Scottsdale, Atlanta, and Ann Arbor.
Nevertheless, the hassle to listen to underrepresented voices inside the trade may additionally result in some awkward encounters just like the one described above.