US SEC Chief Hester Peirce plans to release version 2.0 with some changes to the concept of “port security”.
According to the Cryptocurrency Report, U.S. SEC Commissioner and cryptocurrency "mother of crypto" Hester Peirce announced at a blockchain meeting in Los Angeles that it planned to implement a "secure port" strategy, released version 2.0 and some changes. The changes include increased protection for token buyers. Hester said in his request that he is deciding how to allow advertising to play a role, or how the technology itself might provide a way to limit the price at which a developer can sell their tokens. Note: Hester Peirce announced earlier this year the “Port Security” proposal to provide a three-year security period for legitimate crypto operations without violating US security regulations. Cryptocurrency startups will have a good three-year period from their initial token sale to allow them to reach a distribution level sufficient to pass SEC security measures (including the Howey test).
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