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U.S. SEC Commissioner Hester Peirce Seeks Public Feedback on NSE and ATS Trading of Crypto Assets

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U.S. SEC Commissioner Hester Peirce called for public feedback on December 17, 2025, regarding crypto trading on NSE and ATS platforms. The focus includes securities and non-security tokens, with topics like entry barriers and regulatory compliance. Peirce said the input will help shape policies for the SEC’s Crypto Working Group. The move touches on **liquidity and crypto markets**, as well as the role of **risk-on assets** in evolving trading frameworks.
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