SEC regulation oversight for centralized Layer 2 crypto protocols. Commissioner Hester Peirce's warning on securities laws.
Blockchain News

SEC Regulation: Crucial Warning for Centralized Layer 2s from Hester Peirce

The landscape of digital assets consistently evolves, presenting new challenges for regulators. A significant development has emerged regarding SEC regulation, specifically concerning the operational structures of scaling solutions. Recently, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce issued a crucial Hester Peirce warning, indicating that centralized Layer 2 blockchains might face scrutiny under existing […]