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

Share This Post

Coinbase CEO Brian Armstrong has voiced his support for Securities and Exchange Commissioner (SEC) Hester Peirce‘s appointment to lead the agency during President Donald Trump‘s second term.

Armstrong’s comments, shared on Nov. 8 through a post on X, described Peirce as “smart, fair, professional,” and capable of bridging both sides of the political spectrum. He emphasized that she would be the best choice for the position.

Peirce, widely respected in the crypto sector, has earned the nickname “crypto mom” due to her industry support and outspoken opposition to regulatory actions that she believes unfairly target digital assets.

Her leadership could mark a significant shift for the crypto industry, which has often seen current SEC Chair Gary Gensler as an adversary. Although Gensler’s term is set to run through 2026, history shows that a new administration can bring fresh leadership to the SEC.

Trump’s recent poll victory and commitment to replace anti-crypto regulators have fueled discussions around Peirce as a popular choice among crypto advocates. Investor Ryan Sean Adams echoed this sentiment, noting her strong qualifications and dedication to the industry.

Despite the momentum, reports suggest Peirce may not be interested in the role, preferring to avoid politics. Sources close to Peirce have mentioned her plans to leave the SEC and pursue beekeeping, although there is speculation that a direct offer from the President could change her stance.

Other likely candidates

Aside from Peirce, crypto advocates have also suggested other notable supporters for the sector, including SEC Commissioner Mark Uyeda, Robinhood’s Chief Legal Officer Dan Gallagher, former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, former Acting Comptroller of the Currency (OCC) Brian Brooks, and former SEC Commissioner Paul Atkins.

Ripple CEO Brad Garlinghouse pointed out that Giancarlo, Brooks, or Gallagher would be “massive upgrades [to Gensler] in rebuilding the rule of law (and reputation) at the SEC.” He added that Gensler should be fired on the first day of Trump’s second tenure.

Meanwhile, other community advocates noted that each candidate brings a unique perspective that could better influence the future and growth of crypto regulation in the United States.

The post Coinbase’s Brian Armstrong champions ‘crypto mom’ Hester Peirce for SEC chair appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

BNB launches Good Will Alliance to counteract MEV sandwich attacks

BNB Chain has launched the Good Will Alliance, aiming to counteract malicious maximal extractable value (MEV) practices, starting with targeted measures against sandwich attacks The initiative aims

Bitcoin Still Bullish Despite Trump’s Tariff War, Potentially Fueling Projects like BTC Bull Token

Bitcoin holds its ground as Trump’s tariffs put investors on the back foot and projects like $ETH, $DOGE, and BTC Bull Token, that are directly connected to $BTC’s success, may capitalize on it

Gold Hits Historic $3,038: Geopolitical Heat, Trump Policies Ignite Rally

On Tuesday, March 18, 2025, gold soared to an unprecedented zenith, breaching the $3,038-per-ounce threshold in spot trading—a historic pinnacle fueled by simmering global anxieties Analysts

Bitcoin Holders Boost Accumulation Amid Waning Price Movemenets, Will It Trigger A Recovery?

Heightened fear and uncertainty were witnessed around Bitcoin traders, as the flagship crypto asset faces robust downside pressure, triggered by unfavorable market conditions After significant

XRP Price Breakdown below $2: Analyst Reveals Next Major Support

Crypto analyst MadWhale has raised the possibility of the XRP price experiencing a breakdown below the crucial $2 support level The analyst also revealed the next major support if XRP drops below

Strategy raises eyebrows with 10% dividend STRF offering amid low dollar revenue

Strategy (formerly known as MicroStrategy) has announced plans to raise additional capital through a Strife Preferred Stock (STRF) offering In a March 18 announcement, the firm intends to issue 5