The post Hester Peirce is Rumored to be a Possible Replacement for Gary Gensler! appeared first on Coinpedia Fintech News
The Securities and Exchange Commission (SEC) Commissioner, Hester Peirce, is being speculated as one of the top candidates to replace Gary Gensler as the head of the regulatory agency. The possible move is expected to bring about significant changes in the SEC’s approach to the cryptocurrency space, given Peirce’s pro-crypto stance. She has previously voiced her support for cryptocurrency and blockchain innovation and has been urging the SEC to take a more proactive approach to regulating the industry. If her appointment is confirmed, it is expected to receive a warm reception from the crypto community, which is increasingly seeking clarity and regulatory certainty.