Hester Peirce: Onchain markets drive need for updated regulatory definitions

Hester Peirce: Onchain markets drive need for updated regulatory definitions
Onchain market shift prompts regulatory review

Hester Peirce, industry influencer, highlights the growing importance of revising regulatory definitions as financial markets transition to onchain environments.

Peirce specifically refers to key terms such as broker, dealer, exchange, and clearing agency, suggesting that more precise definitions are necessary as market structures evolve. The commentary comes in light of a recent speech by Chairman Atkins.

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