Hester Peirce, the SEC Commissioner known in the crypto community as the “mother of crypto,” has been appointed to lead a new task force dedicated to developing a comprehensive regulatory framework for cryptocurrencies.
The appointment comes a day after former Chair Gary Gensler left office, with interim Chair Mark Ueda emphasizing the importance of setting clear policies rather than relying on retroactive enforcement.
In a statement, the SEC noted the need to improve guidance for those seeking to register under current regulations.
Peirce, who is known for her pro-flexible regulatory stance, will lead the effort in collaboration with multiple SEC departments and by listening to public input.
The move has sparked optimism within the crypto community, especially as the new administration of President Donald Trump begins, which is expected to support policies favorable to digital assets.
is expected to support policies favorable to digital assets
It has to after all the shit coins he just dropped