On the Bitcoin 2025 Convention this morning, U.S. Securities and Change Commissioner Hester Peirce took the stage with Fold’s Normal Counsel Hailey Lennon for a fireplace chat that pulled no punches.
Opening with a query about enforcement priorities because the change in administration, Lennon requested, “What are the current enforcement priorities, if any, in the digital asset space?” Peirce acknowledged the general public’s frustration: “Some people have taken the fact that we haven’t moved forward with a ton of these cases as inaction—but there’s a lot to digest.” She careworn that the company is actively bringing in exterior views, stating, “That’s really the way to get to good rules.”
A core theme of the dialog was regulatory uncertainty. “One complaint I’ve had,” Peirce mentioned, “is that in an environment of regulatory uncertainty, it’s much harder to identify bad actors—and it gives them more room to operate. Meanwhile, it pushes legitimate actors out of the U.S. or out of the industry entirely. We need to create a good environment for the good actors and a bad one for the bad actors.”
Peirce additionally addressed her latest tweet hinting at disclosure necessities for initiatives probably thought of securities.
When requested concerning the explosion of memecoins and speculative tokens, Peirce didn’t maintain again: “If you’re expecting to buy a memecoin and become a billionaire—buyer beware. Be an adult. If you want to speculate, go for it, but if something goes wrong, don’t come complaining to the government.” This confirms the worth, and safety of Bitcoin.
She emphasised the significance of group participation, noting that “government works for the people,” and inspired attendees to weigh in on points like surveillance and monetary freedom. “In the United States, we are all about freedom. Freedom to innovate. Your voices are so important for helping us think through these issues.”
Peirce’s remarks echo the statements that JD Vance touched on yesterday throughout his speech on the Bitcoin 2025 Convention. They each emphasised that we, the American folks, have the ability to rework the normal monetary system, and gasoline Bitcoin.
Discussing Bitcoin’s rising presence in conventional finance, Lennon requested whether or not the SEC is ready for that convergence. Peirce replied, “We can’t ignore it. When people are free to use something, it will eventually be incorporated into traditional financial products. We need to think about how it interacts with our regulatory framework—but the key is preserving people’s ability to transfer value on their own terms.”
Wanting forward, Peirce left attendees with a strong reminder: “You don’t have to wait for the government. Demand transparency. Learn from failures. Pick yourself up, dust yourself off, and do better next time.”
You’ll be able to watch the total panel dialogue and the remainder of the Bitcoin 2025 Convention Day 3 under:
