Crypto Mom Hester Peirce Named SEC Commissioner Through 2025

Hester Peirce will continue to serve as a special commissioner of the U.S. Securities and Exchange Commission (SEC). According to statement by the head of the agency Jay Clayton, her nomination was approved for a second term.

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The Senate vote on this matter took place on Wednesday, August 5. As a result, Peirce will remain in office until June 5, 2025.

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U.S. President Donald Trump again nominated Hester Peirce to serve as an SEC commissioner in early June.

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Peirce has become known in the cryptocurrency community as the \”crypto mom\” thanks to her friendly stance toward cryptocurrencies and firms operating in the industry.

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Earlier this year she proposed an official plan for regulatory holidays for crypto startups. The initiative would allow not complying with SEC rules for three years after a token sale, enabling them to focus on developing decentralized networks and communities.

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She has also repeatedly criticised her own agency for what she sees as an erroneous approach to cryptocurrency regulation.

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In February, commenting on Wilshire Phoenix’s refusal to launch a Bitcoin ETF, she said the SEC not only constantly changes its own standards but also makes them binding only for products related to the first cryptocurrency.

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In July Peirce criticised the SEC’s stance on Telegram. In her view, the sale of Gram tokens did not violate securities laws.

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