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Securities and Exchange Commission (SEC) Commissioner Hester Peirce is concerned that the US may lag far behind other jurisdictions in adopting tradable exchange-traded funds (ETFs) for cryptocurrencies.
US SEC Commissioner Hester Peirce has proposed a three-year regulatory "vacation" for cryptocurrency startups. Peirce at the International Blockchain Congress in Chicago announced this proposal.
Speaking at a cryptocurrency summit hosted by Solidus Labs in New York, SEC Commissioner Hester Peirce expressed confidence that digital assets will continue to grow.
During the session of questions and answers on the Reddit portal, the founders of the Gemini cryptocurrency exchange - brothers Cameron and Tyler Winklevoss predicted that in the future the capitalization of the cryptocurrency market would exceed $ 7 trillion.
According to the twins, the evolution of technology in the future will change the trade, financial system, Internet and cash. They stressed that the process would not be easy and perhaps not very successful, but the brothers believe that technological revolutions will create new rules and this will lead to success.
