Coinbase CEO Brian Armstrong has voiced his help for Securities and Trade Commissioner (SEC) Hester Peirce‘s appointment to guide the company throughout President Donald Trump‘s second time period.
Armstrong’s feedback, shared on Nov. 8 via a submit on X, described Peirce as “good, truthful, skilled,” and able to bridging each side of the political spectrum. He emphasised that she could be your best option for the place.
Peirce, broadly revered within the crypto sector, has earned the nickname “crypto mother” attributable to 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 about to run via 2026, historical past reveals {that a} new administration can convey recent management to the SEC.
Trump’s current ballot victory and dedication to exchange anti-crypto regulators have fueled discussions round Peirce as a well-liked alternative amongst crypto advocates. Investor Ryan Sean Adams echoed this sentiment, noting her sturdy {qualifications} and dedication to the business.
Regardless of the momentum, reviews counsel Peirce might 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 provide from the President may change her stance.
Different possible candidates
Except for Peirce, crypto advocates have additionally recommended different 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 Appearing Comptroller of the Forex (OCC) Brian Brooks, and former SEC Commissioner Paul Atkins.
Ripple CEO Brad Garlinghouse identified that Giancarlo, Brooks, or Gallagher could be “huge upgrades [to Gensler] in rebuilding the rule of legislation (and popularity) on the SEC.” He added that Gensler must 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 long run and development of crypto regulation in america.