SEC’s Peirce Says Agency Wants New Approach to Crypto Policy

US Securities and Exchange Commissioner Hester Peirce says the Wall Street watchdog is taking a close look at cases it has brought against crypto firms as it tries to strike a new tone on regulating digital assets.

“During the past several years, enforcement cases have been used as a way to make regulatory policy; that is very atypical,” Peirce said Tuesday during a “Bloomberg Crypto” TV interview. “We’re trying to get back to a path where we’re really using our other tools to make policy.”

The SEC on Monday filed a request to pause litigation against Binance, the world’s ...