SEC Commissioner Hester Peirce will leave the agency on Oct. 2, according to crypto journalist Eleanor Terrett. Known across the industry as "Crypto Mom," Peirce has spent years pushing for clearer rules for digital assets even as the U.S. Securities and Exchange Commission pursued an aggressive enforcement approach under former chairs Jay Clayton and Gary Gensler. During the Trump administration, she was able to take part in rulemaking and was appointed last year to lead the SEC’s newly created crypto task force. Her work on crypto policy covered mining, staking and meme coins, along with policy statements and guidance aimed at defining different categories of crypto assets and clarifying which regulator should oversee them. More recently, the SEC began putting forward formal rules, starting with "Regulation Crypto Assets," a framework intended to let crypto asset issuance proceed without automatically triggering strict securities oversight. The agency also opened a tokenized securities route through an "innovation exemption," described as a five-year limited-term framework. After departing the SEC, Peirce will become an associate professor at Regent University School of Law.
SEC Commissioner Hester Peirce will leave the agency on Oct. 2, according to crypto journalist Eleanor Terrett.
Peirce, widely known in the industry as "Crypto Mom," has long argued for clearer rules for the crypto sector. During the tenures of Jay Clayton and Gary Gensler as SEC chair, the commission took a hard-line enforcement approach toward crypto, while Peirce continued to push for industry-specific regulation.
During the Trump administration, Peirce was able to participate in rulemaking and was appointed last year to lead the SEC’s newly established crypto task force. Her work on crypto has included policy statements and guidance covering mining, staking and meme coins. A central part of that effort was to define and classify different types of crypto assets and clarify their regulatory home.
More recently, the SEC began advancing formal rules. The first was "Regulation Crypto Assets," which is intended to create a framework for issuing crypto assets without triggering strict securities regulation. The SEC also opened a path for securities tokenization through an "innovation exemption," using a five-year limited-term structure to begin the era of tokenized securities.
After leaving the SEC, Peirce will become an associate professor at Regent University School of Law. Following her departure, the SEC will have two commissioners remaining, Atkins and Mark Uyeda. The rules allow two commissioners to constitute a quorum.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
