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<ul class="wp-block-list news-points">
 <li>Hester Peirce cites legal imprecision in the SEC’s crypto classification terminology.</li>
 <li>Peirce thinks crypto assets could become securities in the future.</li>
 <li>Digital asset creators need to pay attention to their end product.</li>
</ul>
U.S. SEC Commissioner Hester Peirce believes there is vagueness in how the commission defines crypto asset or digital asset securities. Peirce made this point during an interview with the Thinking Crypto <a href="https://www.youtube.com/watch?v=Llq9hMjUK88" target="_blank" rel="noopener noreferrer nofollow">podcast</a>, highlighting the origin of the term and the related linguistic challenges.
However, the SEC Commissioner clarified that some crypto assets could still be considered securities. She suggested that tokenized versions of traditional stocks could exist in the future, but this wouldn’t alter their classification as securities. The same would apply to tokenized bonds, which remain securities despite their tokenization.
Read also: <a href="https://coinedition.com/confusion-grows-as-sec-flip-flops-on-crypto-asset-securities/" rel="noopener noreferrer nofollow">Confusion Grows as SEC Flip-Flops on ‘Crypto Asset Securities’</a>
Peirce believes it’s crucial for people creating crypto assets to ensure they fully understand the legal implications of their products. She noted that some crypto asset creators may be dividing an existing asset or introducing something…
The post <a href="https://coinedition.com/hester-peirce-sec-needs-clarity-on-crypto-securities-language/" rel="noopener noreferrer nofollow">Hester Peirce: SEC Needs Clarity on Crypto Securities Language</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Hester Peirce: SEC Needs Clarity on Crypto Securities Language

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