Hester Peirce's latest speech is great (Wharton, Nov 24). It hits hard as I see much of the European regulatory overreach in Spain:

-If taken too far, regulators’ efforts to protect society can stifle the creativity, experimentation, risk-taking, and ingenuity that are human distinctives and form the basis for human flourishing.

-People will not build many new things if regulators pick and choose, based on their lay assessment of a proposed innovation

-My early crypto meetings were often with financial industry outsiders devising fresh solutions for addressing perennial industry problems. Future crypto meetings likely often will be with financial industry insiders looking to apply the solutions designed by those outsiders

-An unclear regulatory framework creates unnecessary angst for innovators

Hester Peirce's latest speech is great (Wharton, Nov 24). It hits hard as I see much of the European regulatory overreach in Spain:

-If taken too far, regulators’ efforts to protect society can stifle the creativity, experimentation, risk-taking, and ingenuity that are human distinctives and form the basis for human flourishing.

-People will not build many new things if regulators pick and choose, based on their lay assessment of a proposed innovation

-My early crypto meetings were often with financial industry outsiders devising fresh solutions for addressing perennial industry problems. Future crypto meetings likely often will be with financial industry insiders looking to apply the solutions designed by those outsiders

-An unclear regulatory framework creates unnecessary angst for innovators 
https://www.sec.gov/newsroom/speeches-statements/peirce-remarks-wharton-fintech-110124