{"id":9086,"date":"2025-01-22T15:31:01","date_gmt":"2025-01-22T15:31:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9086"},"modified":"2025-01-22T15:31:01","modified_gmt":"2025-01-22T15:31:01","slug":"who-is-hester-peirce-crypto-mom-heads-secs-new-crypto-task-force","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9086","title":{"rendered":"Who Is Hester Peirce? \u2018Crypto Mom\u2019 Heads SEC\u2019s New Crypto Task Force"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">The US Securities and Exchange Commission (SEC) <\/span><a href=\"https:\/\/www.sec.gov\/newsroom\/press-releases\/2025-30\" target=\"_blank\" rel=\"nofollow\"><span style=\"font-weight: 400\">announced<\/span><\/a><span style=\"font-weight: 400\"> a dedicated cryptocurrency task force on 21 January 2025.\u00a0 <\/span><span style=\"font-weight: 400\">\u201cCommissioner Hester Peirce will lead the task force,\u201d the announcement said. <\/span><\/p>\n<p><span style=\"font-weight: 400\">People in the crypto world are optimistic about Peirce\u2019s appointment as the task force\u2019s leader. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Peirce has been known as \u201cCrypto Mom\u201d for her pro-crypto stance and her dissenting views on enforcement actions (specifically by Former Chain Gary Gensler) that she believed to be excessively harsh or ineffective.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We have a lot of work to do at the SEC to advance free markets, capital formation, investor choice, and innovation. I&#8217;m delighted that Paul Atkins will be returning to lead the effort. Having worked for him during his last stint at the agency, I cannot think of a better person\u2026<\/p>\n<p>\u2014 Hester Peirce (@HesterPeirce) <a href=\"https:\/\/twitter.com\/HesterPeirce\/status\/1864428440893735331?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">December 4, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">\u201cRichard Gabbert, Senior Advisor to the Acting Chairman, and Taylor Asher, Senior Policy Advisor to the Acting Chairman, will serve as the task force\u2019s Chief of Staff and Chief Policy Advisor, respectively.\u201d<\/span><\/p>\n<p><strong>Explore:\u00a0<a href=\"https:\/\/99bitcoins.com\/news\/in-genslers-final-act-sec-sues-helium-creator-nova-labs-for-alleged-unregistered-securities-sales\/\" rel=\"bookmark\">In Gensler\u2019s Final Act, SEC Sues Helium Creator Nova Labs For Alleged Unregistered Securities Sales<\/a><\/strong><\/p>\n<h2>Netizens Welcome \u2018Crypto Mom\u2019<\/h2>\n<p><span style=\"font-weight: 400\">Peirce consistently argued that uncertainty stifles innovation and could drive companies offshore.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In previous statements, Peirce has called for a \u201csafe harbor\u201d period for blockchain projects, allowing them time to develop without fear of immediate regulatory repercussions. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Netizens have reacted positively to her appointment as the head of the task force. Her leadership of the task force is seen as a promising development for those who believe in fostering a balanced approach to regulation\u2014one that protects investors while encouraging technological advancement.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Good evening, viewers! Trump&#8217;s executive orders boost the crypto market as Bitcoin nears previous highs. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> AI-crypto projects are gaining, and the SEC, led by Hester Pierce, is modernizing regulations. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f310.png\" alt=\"\ud83c\udf10\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f4c8.png\" alt=\"\ud83d\udcc8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/AI?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#AI<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Regulation?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Regulation<\/a> <a href=\"https:\/\/t.co\/K1JFV2ElpG\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/K1JFV2ElpG<\/a><\/p>\n<p>\u2014 $\ud835\udde6\ud835\udde7\ud835\udde5\ud835\uddd4\ud835\uddec (@chAInkids) <a href=\"https:\/\/twitter.com\/chAInkids\/status\/1881935324642709956?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>People are also crediting Trump for \u201cmoving fast\u201d after taking office.<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/trumps-sec-will-re-examine-83-crypto-cases-can-dismiss-actions-without-fraud-allegations\/\" rel=\"bookmark\">Trump\u2019s SEC Will Re-Examine 83 Crypto Cases, Can Dismiss Actions Without Fraud Allegations<\/a><\/strong><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Things are moving as fast after Trump took office<br \/>\u2013 Ross officially pardoned<br \/>\u2013 BTC strategic reserve WIP<br \/>\u2013 Gensler resigned. New leadership at the SEC<br \/>\u2013 Hester Pierce to lead crypto tasks force <br \/>\u2013 DOGE officially starts clearing sh*t out<\/p>\n<p>What more ?<\/p>\n<p>\u2014 Abhishek (@abhishekkm09) <a href=\"https:\/\/twitter.com\/abhishekkm09\/status\/1881962597022572634?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 id=\"new-sec-boss-revealed-who-is-mark-uyeda\"><strong><span data-preserver-spaces=\"true\">New SEC Boss Revealed: Who is Mark Uyeda?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Uyeda is not a new face to those actively following the evolution of crypto regulation in the US.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Judging by his past comments, he is a staunch supporter of crypto innovation.\u00a0<\/span><span data-preserver-spaces=\"true\">His temporary appointment<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">comes at a pivotal moment, as the crypto industry\u2014worth trillions as of early January\u2014seeks a less adversarial regulator and a proponent of innovation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Uyeda has been a vocal critic of Gensler\u2019s leadership of the SEC, particularly regarding the<\/span><span data-preserver-spaces=\"true\">\u00a0\u201c<\/span><span data-preserver-spaces=\"true\">regulation by enforcement<\/span><span data-preserver-spaces=\"true\">\u201d\u00a0<\/span><span data-preserver-spaces=\"true\">approach. In an interview, he described the decision to proceed in this manner as a<\/span><span data-preserver-spaces=\"true\">\u00a0\u201c<\/span><span data-preserver-spaces=\"true\">disaster<\/span><span data-preserver-spaces=\"true\">.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This makes it evident that Uyeda favors clearer, more coherent laws and guidance over punitive measures, which only\u00a0<\/span><span data-preserver-spaces=\"true\">serve to<\/span><span data-preserver-spaces=\"true\">\u00a0discourage innovation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">During\u00a0<\/span><span data-preserver-spaces=\"true\">Gensler\u2019s<\/span><span data-preserver-spaces=\"true\">\u00a0tenure, the SEC issued over 100 enforcement actions, including those against Binance and Coinbase, among other firms.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Collectively, crypto companies spent hundreds of millions of dollars on legal fees\u2014funds that could have\u00a0<\/span><span data-preserver-spaces=\"true\">been better spent<\/span><span data-preserver-spaces=\"true\">\u00a0protecting investors or running crypto education campaigns.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, the new SEC chair has criticized policies like the Staff Accounting Bulletin 121 (SAB 121), which\u00a0<\/span><span data-preserver-spaces=\"true\">effectively<\/span><span data-preserver-spaces=\"true\">\u00a0prevents banks from serving crypto firms and individuals.<\/span><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/who-is-mark-uyeda-new-sec-chief-could-spark-a-crypto-golden-age\/\" rel=\"bookmark\">Who is Mark Uyeda? New SEC Chief Could Spark a Crypto Golden Age<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/who-is-hester-peirce-crypto-mom-heads-secs-new-crypto-task-force\/\">Who Is Hester Peirce? \u2018Crypto Mom\u2019 Heads SEC\u2019s New Crypto Task Force<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Securities and Exchange Commission (SEC) announced a dedicated cryptocurrency task force on 21 January 2025.\u00a0 \u201cCommissioner Hester Peirce will lead the task force,\u201d the announcement said. People in the crypto world are optimistic about Peirce\u2019s appointment as the task force\u2019s leader. Peirce has been known as \u201cCrypto Mom\u201d for her pro-crypto stance and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9086","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9086"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9086\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}