US Congressman reveals that 'Hester Peirce' hopes to become SEC Acting Chairman! Will the era of encryption-friendly regulation arrive?

With the inauguration of Trump, the current chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, will officially resign on January 20th next year. Republican Arkansas Congressman French Hill recently stated that the current SEC commissioner Hester Peirce may become the new acting chairman of the SEC. (Background: Encryption Mom landed on ABS to discuss Web3 regulation, how to resolve the contradictions between SEC and the market?) With the friendly attitude towards Cryptocurrency of the incoming U.S. president Trump, the current chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, recently announced that he will officially resign on January 20th next year. This means that the era of high-pressure regulation that has long been criticized by the coin circle may come to an end. Will Hester Peirce take over as the acting chairman of the SEC? Republican Arkansas Congressman French Hill recently stated in an interview with Cryptonews that the current SEC commissioner Hester Peirce may become the new acting chairman of the SEC: We look forward to the SEC chairman appointed by Trump. After Gary Gensler steps down on January 20th next year, the Republican Party will take over the position of acting chairman of the SEC, which may be Hester Peirce. French Hill criticized that Gary Gensler has disappointed the Cryptocurrency ecosystem, and he has adopted an "enforcement is regulation" approach to deal with the Cryptocurrency industry. Gensler's understanding of the Cryptocurrency industry is almost unclear, and the SEC cannot solve all the problems currently faced by the U.S. Cryptocurrency industry alone. Congress needs to work with the SEC to pass relevant laws to ensure fair enforcement of future digital assets. In French Hill's view, Hester Peirce is a suitable candidate to replace Gary Gensler. It is worth noting that Mike Novogratz, CEO of Galaxy Digital, also recently predicted that Hester Peirce may serve as the SEC chairman, and he also believes that Dan Gallagher, chief legal officer of Robinhood, may be another potential candidate. Hester Peirce once said she has no intention of becoming the SEC chairman. Hester Peirce has always been the most friendly regulator to Cryptocurrency. She holds a liberal stance on Cryptocurrency regulation and has been committed to promoting a clearer and more reasonable Cryptocurrency regulatory framework. Therefore, she is praised by the coin circle as "Encryption Mom." With Trump's victory, she has always been considered one of the top candidates for the SEC chairman. However, according to Unchained's report earlier this month, four sources closely related to or regularly communicating with Hester Peirce revealed that Hester Peirce has no intention of becoming the SEC chairman and plans to leave the SEC when her term ends in June next year. Three of the sources also stated that Hester Peirce does not intend to serve as the acting chairman of the SEC. At that time, a spokesperson for Hester Peirce's office responded: The only thing Commissioner Peirce is considering doing after leaving office is becoming a beekeeper, but she also has some hesitation. Previously, the Washington Post reported potential candidates to lead the SEC, including Hester Peirce, Dan Gallagher, SEC Commissioner Mark Uyeda, former SEC Commissioner Paul Atkins, and former chairman of the Commodity Futures Trading Commission (CFTC) Christopher Giancarlo, who is known as "Encryption Dad" in the community. In August of this year, Hester Peirce participated in the Asia Blockchain Summit held in Taipei and had a discussion with Wang Yixin, chairman of the Taiwan Accounting Research and Development Foundation (ARDF), about the future regulatory framework of the Web3 world. She advocated that while the SEC discusses how to protect consumers, it should also encourage innovation in the Web3 field. Related reports: Ripple XRP big pump 25%, hitting a three-and-a-half-year high! What other "SEC revenge" concept coins can be followed? Did Gary Gensler give a farewell speech? What encryption regulatory policies will the SEC take under Trump 2.0? Trump wants to fill regulatory agencies with encryption-friendly officials, potential candidates for the new SEC chairman exposed. <U.S. Congressman reveals "Hester Peirce" expected to become acting chairman of the SEC! Will the era of encryption-friendly regulation come? > This article was first published on BlockTempo, the most influential Blockchain news media in the industry.