Regulatory Challenges and Controversies Surrounding US Crypto Laws and AI-based Tokens

US Securities and Exchange Commissioner Hester Peirce, also known as "Crypto Mom," argues that cryptocurrency laws in the United States should not assume that every use of crypto is financial. She believes that the regulatory framework should be reserved and flexible enough to accommodate new uses of crypto and blockchain technology. Peirce emphasizes the importance of protecting investors but also allowing individuals to invest their own money as they choose. She advocates for self-regulation within the crypto industry and criticizes the SEC's current approach, calling for a rethinking of how innovation is approached.