Regulation· ★★★★· neutral·

Hester Peirce to leave SEC on October 2 after nearly a decade

  • —Peirce leaves the SEC on October 2 after nearly a decade as commissioner
  • —She led the Crypto Task Force and backed clarifications on staking
  • —She proposes replacing part of KYC with attribute-based zero-knowledge proofs
  • —The SEC will be left with two commissioners out of a possible five
Why it matters: The departure of the SEC's leading crypto advocate weakens the reform wing and casts doubt on the timeline for digital asset rulemaking.
Source: Journal du Coin