Hester Peirce to Lead SEC’s New Crypto Task Force Victor | usagoldmines.com

SEC Shifts Focus Under Peirce to Improve Crypto Relations

This shift in leadership and regulatory focus also comes as the SEC transitions away from Gensler’s stance that most cryptocurrencies are securities. Many in the crypto industry pushed back against Gensler’s directive, arguing that the SEC’s existing rules, designed for traditional industries, don’t fit the unique needs of digital assets.

SEC Commissioner Hester Peirce was just tapped to run the crypto task force at the SEC and that’s so insanely bullish

When I interviewed her last month, she predicted three things would happen under a pro-crypto SEC

This was the first, the others are even better for crypto pic.twitter.com/QH45k1oPjB

— Zack Guzmán (@zGuz) January 21, 2025

Peirce’s leadership is a hopeful sign for crypto enthusiasts, as she is widely regarded as a friend to the industry. The new task force could help bridge the gap between traditional financial systems and the rapidly growing world of digital currencies.