Coinbase CEO Brian Armstrong has voiced his assist for Securities and Change Commissioner (SEC) Hester Peirce‘s appointment to guide the company throughout President Donald Trump‘s second time period.
Armstrong’s feedback, shared on Nov. 8 by a publish on X, described Peirce as “good, honest, skilled,” and able to bridging either side of the political spectrum. He emphasised that she can be the only option for the place.
Peirce, broadly revered within the crypto sector, has earned the nickname “crypto mother” on account of her trade assist and outspoken opposition to regulatory actions that she believes unfairly goal digital property.
Her management might mark a big shift for the crypto trade, which has typically seen present SEC Chair Gary Gensler as an adversary. Though Gensler’s time period is about to run by 2026, historical past exhibits {that a} new administration can deliver contemporary management to the SEC.
Trump’s current ballot victory and dedication to interchange anti-crypto regulators have fueled discussions round Peirce as a preferred selection amongst crypto advocates. Investor Ryan Sean Adams echoed this sentiment, noting her robust {qualifications} and dedication to the trade.
Regardless of the momentum, experiences counsel Peirce might not be within the function, preferring to keep away from politics. Sources near Peirce have talked about her plans to depart the SEC and pursue beekeeping, though there’s hypothesis {that a} direct supply from the President might change her stance.
Different possible candidates
Other than Peirce, crypto advocates have additionally steered different notable supporters for the sector, together with SEC Commissioner Mark Uyeda, Robinhood’s Chief Authorized Officer Dan Gallagher, former Commodity Futures $0.59 ) (ADA)" data-wpil-monitor-id="1640">Buying and selling Fee (CFTC) Chairman Chris Giancarlo, former Performing Comptroller of the Foreign money (OCC) Brian Brooks, and former SEC Commissioner Paul Atkins.
Ripple CEO Brad Garlinghouse identified that Giancarlo, Brooks, or Gallagher can be “huge upgrades [to Gensler] in rebuilding the rule of legislation (and fame) on the SEC.” He added that Gensler must be fired on the primary day of Trump’s second tenure.
In the meantime, different neighborhood advocates famous that every candidate brings a novel perspective that would higher affect the longer term and development of crypto regulation in the US.
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