Coinbase’s Brian Armstrong champions ‘crypto mother’ Hester Peirce for SEC chair

Coinbase CEO Brian Armstrong has voiced his help for Securities and Alternate Commissioner (SEC) Hester Peirce‘s appointment to guide the company throughout President Donald Trump‘s second time period.

Armstrong’s feedback, shared on Nov. eight by means of a post on X, described Peirce as “good, honest, skilled,” and able to bridging each side of the political spectrum. He emphasised that she could be the only option for the place.

Peirce, broadly revered within the crypto sector, has earned the nickname “crypto mother” because of her business help and outspoken opposition to regulatory actions that she believes unfairly goal digital property.

Her management may mark a major shift for the crypto business, which has typically seen present SEC Chair Gary Gensler as an adversary. Though Gensler’s time period is ready to run by means of 2026, historical past reveals {that a} new administration can convey recent management to the SEC.

Trump’s recent poll victory and dedication to replace anti-crypto regulators have fueled discussions round Peirce as a preferred alternative amongst crypto advocates. Investor Ryan Sean Adams echoed this sentiment, noting her robust {qualifications} and dedication to the business.

Regardless of the momentum, reports recommend Peirce will not be within the function, preferring to keep away from politics. Sources near Peirce have talked about her plans to go away the SEC and pursue beekeeping, though there may be hypothesis {that a} direct supply from the President may change her stance.

Different doubtless candidates

Except for Peirce, crypto advocates have additionally recommended other notable supporters for the sector, together with SEC Commissioner Mark Uyeda, Robinhood’s Chief Authorized Officer Dan Gallagher, former Commodity Futures Buying and selling Fee (CFTC) Chairman Chris Giancarlo, former Performing Comptroller of the Foreign money (OCC) Brian Brooks, and former SEC Commissioner Paul Atkins.

Ripple CEO Brad Garlinghouse pointed out that Giancarlo, Brooks, or Gallagher could be “large upgrades [to Gensler] in rebuilding the rule of legislation (and repute) on the SEC.” He added that Gensler ought to be fired on the primary day of Trump’s second tenure.

In the meantime, different neighborhood advocates famous that every candidate brings a singular perspective that would higher affect the longer term and progress of crypto regulation in the US.

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