Congressman reveals that Hester Peirce hopes to take the position of acting SEC chairman! Is a friendly era of cryptocurrency regulation coming?

With Trump's inauguration, the current chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, will officially resign on January 20 next year. Republican Congressman French Hill from Arkansas recently stated that current SEC commissioner Hester Peirce may become the new acting chairman of the SEC. (Background summary: Breaking! SEC Chairman Gary Gensler announces resignation on January 20 next year, ending the era of high-pressure regulation on cryptocurrencies?) (Background information: Crypto Mom discusses Web3 regulation on ABS, how to resolve the conflict between the SEC and the market?) As the cryptocurrency-friendly U.S. president-elect Trump returns to the White House in January, the current SEC chairman Gary Gensler recently announced his official resignation on January 20 next year, which means that the long-criticized era of high-pressure regulation in the cryptocurrency space is expected to come to an end. Will Hester Peirce take over as acting chairman of the SEC? Republican Congressman French Hill recently stated in an interview with Cryptonews that 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 20 next year, the Republican Party will take over the position of acting chairman of the SEC, which could be Hester Peirce, who is very likely to become the acting chairman of the SEC. French Hill criticized that Gary Gensler has disappointed the cryptocurrency ecosystem; he adopted an "enforcement is regulation" approach to handle the cryptocurrency industry, and Gensler's understanding of the cryptocurrency industry is almost unclear. The SEC cannot solve all the problems currently facing 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. Notably, Galaxy Digital CEO Mike Novogratz also recently predicted that Hester Peirce might serve as SEC chairman, and he also believes that Robinhood's general counsel Dan Gallagher could be another potential candidate. Hester Peirce has stated that she is not willing to take the SEC chairman position. Hester Peirce has always been the most cryptocurrency-friendly regulatory figure; she holds a free stance on cryptocurrency regulation and has been committed to promoting clearer and more reasonable cryptocurrency regulatory frameworks, thus being dubbed "Crypto Mom" by the cryptocurrency community. With Trump's victory, she has been seen as one of the popular candidates for the SEC chair position. However, according to a report by Unchained earlier this month, four sources close to Hester Peirce or who communicate with her regularly revealed that Hester Peirce has no intention of taking the SEC chair position and plans to leave the SEC when her term ends in June next year. Among them, three sources also stated that Hester Peirce does not plan to serve as acting chairman of the SEC. Hester Peirce's office spokesperson then responded: The only thing Commissioner Peirce is considering doing after leaving is becoming a beekeeper, although she is a bit hesitant. Previously, The Washington Post reported that potential candidates to lead the SEC, besides Hester Peirce, also include Dan Gallagher, SEC commissioner Mark Uyeda, former SEC commissioner Paul Atkins, and former Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo, who is nicknamed "Crypto Dad" by the community. Hester Peirce participated in the Asia Blockchain Summit held in Taipei this August, where she discussed the future regulatory framework of the Web3 world with Wang Yixin, chairman of the Taiwan Accounting Research and Development Foundation (ARDF). She argued that while the SEC discusses how to protect consumers, it should also encourage innovation in the Web3 domain. Related reports: XRP skyrockets 25% to reach a three-and-a-half-year high! What other "SEC revenge" concept coins can be focused on? Will Gary Gensler deliver a farewell speech? What cryptocurrency regulatory policies will the SEC adopt under Trump 2.0? Trump wants regulatory agencies to be filled with cryptocurrency-friendly officials; potential candidates for the new SEC chairman exposed. "Congressman reveals that Hester Peirce hopes to take the position of acting SEC chairman! Is a friendly era of cryptocurrency regulation coming?" This article was first published by BlockTempo (the most influential blockchain news media).