[SEC Commissioner Hester Peirce: The U.S. SEC has taken a legally inaccurate view when it comes to cryptocurrencies] On September 24, FOX Business reporter Eleanor Terrett disclosed that SEC Commissioner Hester Peirce directly refuted U.S. SEC Chairman Gary Gensler at a hearing held by the House Financial Services Committee, stating that the U.S. SEC has taken a legally inaccurate view when it comes to cryptocurrencies to cover up unclear regulatory issues: "I think we as regulators have failed in precision, so to say in a footnote, 'Yes, we acknowledge that, in fact, the token itself is not a security,' is something we should have acknowledged long ago and then started to deal with those difficult issues."