SEC · Republicans · CoinDesk
U.S. SEC's steadiest crypto advocate, Hester Peirce, to depart next week
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The U.S. Securities and Exchange Commission's longtime ally of the crypto industry, Commissioner Hester Peirce, has set a departure date for next week, marking an end to a long era in which she sought clear rules for the sector, even during the years in which the agency refused to consider crypto regulations and pursued an array of legal actions.
Key facts
- To date, Trump's White House has declined to name Democratic nominees to the SEC or its sister agency, the Commodity Futures Trading Commission
- Peirce, often known as "Crypto Mom" by digital assets insiders, pushed for years to get industry regulations during the chairmanships of Republican Jay Clayton and Democrat Gary Gensler, both
- She got started even before the arrival of current Chairman Paul Atkins, having been put in charge of the SEC's new Crypto Task Force last year
- Her departure will leave the commission with two members, Atkins and Republican appointee Mark Uyeda
Summary
U.S. SEC Commissioner Hester Peirce, given the nickname "Crypto Mom" by fans in the industry, is leaving October 2. Even as Peirce announced her long-expected resignation, the agency issued some further crypto policy guidance. The U.S. Her final day is Oct. 2, according to a resignation letter she posted Friday on social media site X, which emerged even as the SEC was posting yet another piece of crypto policy work meant to clear up lingering questions on how the agency is defining tokens and its expectations for how projects are marketed.