Tell us how you really feel, Hester. A commissioner at the Securities and Exchange Commission, Hester Peirce, had some scorching words for her own agency’s decision to fine the exchange Kraken $30 million and shut down its crypto staking service.
“A paternalistic and lazy regulator settles on a solution like the one in this settlement: Do not initiate a public process to develop a workable registration process that provides valuable information to investors, just shut it down,” wrote Peirce on Thursday in her dissent over the Kraken decision.
