SEC Commissioner Hester Peirce backs DeFi’s commitment to disintermediation

According to TheBlock, in an interview at the June 23rd virtual conference, SEC Commissioner Hester Peirce noted that she supports much of the work of decentralized finance or DeFi, and that she supports DeFi’s commitment to disintermediation and opposes the enforcement-based approach to work that the SEC has adopted with respect to ICOs. peirce said that disintermediation is very helpful for financial stability very helpful and a positive thing to ensure easy access to financial services on the same terms, i.e., transparent terms.

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