SEC Commissioner Hester Peirce On The Rulebook For Crypto & Tokenized Securities

Markets are being rebuilt around blockchain, but the rules governing them are still being written.

This week, we sit down with SEC Commissioner Hester Peirce to discuss how tokenization is reshaping market structure and where regulation is headed next.

We cover tokenized securities, the innovation exemption, Rule 611, DeFi market structure, and the future of public markets. Enjoy!

TIMESTAMPS:

00:00 Intro

02:19 What People Misread About The SEC

05:07 Hester Peirce’s Regulatory Path

09:10 Tokenized Securities Framework

12:21 The Innovation Exemption Debate

16:11 Does Rule 611 Block DeFi?

20:27 Where Registration Should Attach

25:16 Onchain Finance vs DeFi