Hester Pierce, Commissioner of the SEC in the U.S., says that banning Bitcoin would be almost impossible - Luke is Alive - April 27
Hester Peirce, known in the cryptocurrency world as "Crypto Mom" assured in a recent interview that trying to ban Bitcoin would be impossible, and that it would be difficult to prevent anyone from trading digital currencies.
She mentioned that it would be difficult to ban something as innovative and decentralized as peer-to-peer (P2P).
With the new Biden administration working on regulatory policies for digital assets, many experts expect the possibility of banning this type of digital assets in the coming weeks or months to come to this the commissioner in a conversation with Fox Business has stated that it would be almost impossible to ban the trading of digital assets.
The commissioner also added that the United States is falling behind in terms of competitiveness as countries like Canada move ahead with crypto products. "Canada is ahead of us now, not only do they have Bitcoin exchange-traded products, but they have Ether-based exchange-traded products."
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