Hester Peirce, a commissioner at the Securities and Exchange Commission (SEC), has praised Europe's crypto regulation and suggested that it could serve as a model for the US. She specifically highlighted the speed at which the European Union put together its digital finance package, Markets in Crypto Assets (MiCA), which was passed by the European Parliament last month. Peirce also expressed her support for a regulatory model that allows for innovation while informing customers of the risks. She predicted that the rollout of MiCA could attract more businesses to Europe due to the clearer regulatory environment.