SEC Commissioner Peirce seeks market input on crypto trading on national exchanges

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has announced that she is seeking market feedback on cryptocurrency trading on National Securities Exchanges (NSEs) and Alternative Trading Systems (ATSs). The inquiry is related to a recent FAQ published by the SEC's Division of Trading and Markets, which focuses on the trading of cryptocurrencies deemed securities and the framework for trading and clearing pairs of security and non-security cryptocurrencies. Peirce stated that the SEC is prepared to support platforms that list legitimate trading pairs, emphasizing the need for regulations that protect investors and maintain fair markets without stifling innovation.