Hester Peirce's SEC Exit Leaves Crypto Rulemaking to Two Officials
- —Peirce leaves the SEC with the crypto framework's comment period still open
- —Two unnamed SEC officials will now steer the unfinished rulemaking
- —Peirce built a reputation favoring rulemaking over enforcement-first oversight
- —No timeline for closing comments or naming a successor has been confirmed
Why it matters: Prolonged uncertainty over token classification, exchange registration and custody standards could delay regulatory clarity for US crypto firms.
Source: Bitcoin Insider