WisdomTree exec: Market structure bill not a prerequisite for innovation

Will Peck, head of crypto at U.S. asset manager WisdomTree, said that pending crypto legislation, including a market structure bill, is not a prerequisite for the firm's innovation and expansion plans. In an interview with CoinDesk, he stated that the U.S. Securities and Exchange Commission (SEC) already has everything it needs to foster a healthy market for tokenized securities and funds. Peck explained that while a market structure bill would be constructive for the industry, it is not the key driver of progress.