SEC Launches Crypto Task Force Led By ‘Crypto Mom’ Hester Peirce

The US Securities and Exchange Commission will launch a cryptocurrency-focused task force to come up with ways to regulate the market, in one of the first moves by the agency after the resignation of crypto skeptic Gary Gensler.

The SEC, now helmed by Acting Chair Mark Uyeda, said the task force will be dedicated to coming up with a “comprehensive and clear” regulatory framework for crypto assets. It will be led by SEC Commissioner Hester Peirce, who has been nicknamed “Crypto Mom” by the industry for her dissents against SEC enforcement actions on crypto companies.

Hester Peirce, commissioner of the US Securities and Exchange Commission

Photographer: Al Drago/Bloomberg

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