Hester Peirce, a member of the U.S. Securities and Exchange Commission (SEC), presented an intriguing proposal at the SEC Speaks conference, advocating for a revised regulatory approach to crypto assets. Her proposal calls for a temporary ‘safe harbor’ where cryptocurrency projects could be exempt from securities regulations under specific conditions. Peirce’s plan proposes that certain crypto assets could be excluded from SEC registration obligations for a defined period if they meet stringent transparency and investor protection requirements. This limited exemption period would allow projects time to develop functionalities or decentralize their networks. The proposal clarifies that airdrops, NFTs, and some stablecoin types should be excluded from securities classification, with Peirce advocating for permanent exemptions in these areas.