“Cryptomama” Hester Pierce: I do not support the SEC message in the Telegram case

25.07.2020 / Payment system news

USA (SEC) Hester Pearce, nicknamed “cryptomama” for his loyalty, criticized the actions of his colleagues regarding the disapproval of the TON project from Telegram. In particular, she considers it a breakthrough in the provision of financial services.

“Telegram has created an operational network that has made good faith efforts to ensure compliance with safety standards,” said a spokeswoman for the department, stressing that the idea of ​​applying future currents is guaranteed with securities. The commission should issue a statement that only grams can invest in shares.

Hester Pierce noted that in its statement, the SEC is focusing on a large-scale project and supporting a large number of users in the future. However, according to the “cryptoms”, this is an important condition for any successful blockchain network. She also noted that she considers it necessary to provide crypto projects with regulatory exemptions, which will be aimed at decentralizing networks.