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XLM $0.1937 +4.01%
ZEC $1,156.45 -5.66%

U.S. SEC crypto-friendly commissioner Hester Peirce is considered a potential successor for the next chair

2024-11-06 20:36:02

ChainCatcher news, according to Cointelegraph, Trump has acknowledged the removal of current SEC Chairman Gary Gensler, sparking speculation about potential successors, particularly those who may be inclined to adopt a more crypto-friendly approach.

It is reported that Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), is known for her supportive stance on cryptocurrency and is considered a potential replacement for Gary Gensler. She is referred to as "Crypto Mom" by the community for her advocacy in the field. Hester Peirce has previously criticized the SEC's enforcement-led approach, arguing that regulatory clarity for the crypto industry would better serve the public interest and enhance the U.S.'s position in global digital finance.

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