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SEC Loses Crypto Advocate Hester Peirce

Hester Peirce Departs SEC Amid Ongoing Crypto Regulation Efforts

  • SEC Commissioner Hester Peirce concluded her tenure on October 2, leaving a significant impact on digital-asset regulation.
  • Peirce led the agency’s Crypto Task Force and was a prominent voice for clearer token frameworks and safe-harbor concepts.
  • Her departure coincides with the SEC’s ongoing work on crypto custody frameworks, token classification, and market structure rules.
  • The SEC proposed a dedicated crypto custody framework for advisers and regulated funds on October 1.

Hester Peirce’s exit from the SEC marks the end of an era in which she advocated for more innovation-friendly regulations in the crypto industry. Her efforts have been pivotal as the Commission continues to formalize proposals that aim to provide clearer guidelines for digital assets.

Despite her departure, the SEC’s regulatory agenda remains active, with recent proposals indicating ongoing commitment to shaping US crypto policy. Source

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