SEC official Hester Peirce has no desire to stay on board after her term ends in 2025. Affectionately dubbed 'Crypto Mom' by the web3 crowd, Peirce is seen as a long-time supporter who comes to bat for the often libertarian-leaning industry.
Securities and Exchange Commissioner"Absolutely not," she said in the interview withAffectionately dubbed "Crypto Mom" by the web3 crowd, Peirce is seen as a long-time supporter who comes to bat for the often libertarian-leaning industry.
When the SEC fined BlockFi $100 million and called for the company to register its high-yield product as a security last month, Peirce dissented. "Is the approach we are taking with crypto lending the best way to protect crypto lending customers? I do not think it is, so I respectfully dissent," she wrote.
In February, Peirce warned that proposed SEC rules to reform government securities trading could impactPeirce is now the lone Republican appointee on the SEC after being confirmed by the U.S. Senate for a second term in 2020, making it a steep uphill battle to affect change internally."You can hear it in my voice and in my responses — I am quite frustrated by the lack of willingness to engage proactively with the community," she says.
"I really think 2025 is back to Ohio," she says, adding jokingly: "I have a dream of becoming a beekeeper. I love it."as SEC Democratic Commissioner Allison Lee said Tuesday she plans to leave after a successor is confirmed by the Senate.
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