SEC Commissioner Hester Peirce discusses her proposal for a 3-twelve months accurate harbor interval for token sales. We focus on about what problems she hopes to solve with this suggestion, the stipulations that token issuers would prefer to satisfy to qualify for it, similar to reaching a decentralized community or helpful token within three years, and the map in which she defines those terms. We also veil how the opposite commissioners possess bought her proposal and what the subsequent steps are to her proposal potentially being adopted.

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Episode links:

Hester Peirce: https://twitter.com/HesterPeirce

The SEC: https://www.sec.gov/

Stout speech and proposal: https://www.sec.gov/news/speech/peirce-remarks-blockress-2020-02-06

Fortune article on the proposal: https://fortune.com/2020/02/06/ico-sec-cryptocurrency-proposal-investing/

Critique that proposal will best possible enable scammers: https://davidgerard.co.uk/blockchain/2020/02/08/sec-commissioner-hester-peirces-accurate-harbor-proposal-for-icos-will-best possible-enable-scammers/

CoinDesk article on crypto community reaction: https://www.coindesk.com/sec-accurate-harbor-proposal-lauded-by-token-followers-defi-builders-at-0x-convention

Hyperlinks from news recap:

https://unchainedpodcast.com/indications-the-market-is-heating-up/