The growth of so-called nonfungible tokens has at least one Securities and Exchange Commission member thinking the agency needs to release guidance on the digital assets this year.
Commissioner Hester Peirce, a cryptocurrency supporter, said such guidelines would help the public understand the agency’s thinking.
“As a regulator, I mean it’s something that I’m watching because the growth has been pretty astounding,” Peirce said in an interview with CQ Roll Call. “I’m sure people are thinking about ways that they can use the idea of an NFT in the financial space.”
