Strategy’s massive Bitcoin treasury has swung back into profit after BTC surged roughly 22% over five consecutive sessions, reversing billions of dollars in paper losses accumulated during the summer selloff. The company currently holds 840,447 BTC acquired for $63.36 billion at an average price of $75,385. Bitcoin traded around $77,300 at the latest check after reaching an intraday high above $79,000, putting Strategy’s position roughly $1.6 billion above its aggregate acquisition cost. The reversal comes only weeks after the same…
Hester Peirce
SEC’s Peirce Says Some Crypto Vaults And Onchain Loans May Be Securities
SEC Commissioner Hester Peirce said crypto vaults and onchain lending strategies may fall within federal securities laws when operators make managerial decisions over user assets, lending terms or yield allocation. Vaults typically use smart contracts to deploy deposited crypto across staking, lending and other yield-generating strategies. Peirce said their legal treatment will depend on how much control remains with immutable code and how much is exercised by deployers, curators or other managers. A vault could constitute an investment contract when…
4 weeks ago
Hester Peirce Warns Regulators Not To Treat Crypto Privacy As Criminal Intent
SEC Commissioner Hester Peirce has pushed back against the idea that crypto privacy tools should automatically be viewed as signs of criminal intent, arguing that ordinary users need stronger protection from financial surveillance. “Protecting one’s privacy should be the norm, not an indicator of criminal intent,” Peirce said, placing privacy-preserving technology inside a broader debate over civil liberties, blockchain transparency, and law enforcement access. Her comments cut into one of the most contested areas of crypto policy. Public blockchains make…
3 months ago
SEC Slows Tokenized Stock Hype As Peirce Narrows Exemption Scope
SEC Commissioner Hester Peirce has pushed back on the hype around a planned exemption for blockchain-based stock trading, signaling that any near-term relief will be narrower than some crypto platforms expected. Peirce said the contemplated exemption for onchain trading of tokenized NMS stocks would be limited to digital representations of the same underlying equity security that investors can already buy in the secondary market. She also said the framework is not expected to cover synthetic tokens, which track stock prices…
3 months ago
Hester ‘Crypto Mom’ Peirce To Be Reappointed as SEC Commissioner Until 2025
The United States government sent ten nominations and one withdrawal to the senate on June 2. One of the nominees is Hester Peirce who is affectionately called ‘Crypto Mom.’ According to the website of the White House, it seems she will serve on the U.S. Securities and Exchange Commission until 2025. “Hester Maria Peirce, of Ohio, to be a Member of the Securities and Exchange Commission for a term expiring June 5, 2025. (Reappointment)” Pierce is among the individuals with great enthusiasm…
6 years ago
