SEC’s Peirce Says Agency Advances Crypto Rules Without New Law

U.S. Securities and Exchange Commission Commissioner Hester Peirce said the agency is proceeding with cryptocurrency oversight without waiting for Congress to pass new legislation. Speaking in an Aug. 12 Bloomberg Television interview, Peirce stressed that existing authorities give the SEC ample latitude to address market risks and investor protection in the digital-asset sector. Peirce’s comments highlight a more assertive regulatory posture as lawmakers debate comprehensive crypto bills. The commissioner indicated the SEC will continue shaping policy through rulemaking and enforcement, signaling that market participants should prepare for additional guidance and potential actions even in the absence of fresh statutory mandates.