SEC’s Peirce warns L2 chains with centralized sequencers may face exchange registration
SEC Commissioner Hester Peirce warned that layer-2 blockchains working centralized matching engines may face exchange registration necessities whereas advocating for regulatory safety of actually decentralized protocols. During an interview on The Gwart Show, Peirce famous her imaginative and prescient for crypto regulation, drawing sharp distinctions between immutable code working on decentralized networks and centralized entities…
