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SEC Commissioner Hester Peirce to Leave Agency on Oct. 2

SEC Commissioner Hester Peirce, widely known as “Crypto Mom” and a prominent crypto advocate, is scheduled to leave the agency on Oct. 2. The announcement came as the SEC issued its latest crypto-related work.

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SEC Commissioner Hester Peirce to Leave Agency on Oct. 2

U.S. Securities and Exchange Commission Commissioner Hester Peirce, one of the agency’s most consistent advocates for cryptocurrency, is set to depart on Oct. 2, according to CoinDesk. Peirce is often referred to as “Crypto Mom” for her support of clearer treatment of digital assets. Her long-anticipated exit was announced as the SEC released its latest crypto-related work. The departure is scheduled for next week, based on the Sept. 25 publication date. Peirce’s exit marks a change in the SEC’s crypto policy lineup, although the supplied information does not indicate how the agency’s approach may develop afterward.

Source CoinDesk Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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