Hester Peirce is leaving the SEC

The SEC book is now completely closed for Hester Peirce, who was expected to leave office after Donald Trump was elected president, but whose term of office was extended as new members could not be appointed. Peirce, who has been a commission member in the institution since 2018, published an official letter on the subject.

Although she did not mention cryptocurrencies in her letter, the "crypto mother" stated that the rules introduced by the SEC should not hinder people's investments and used the following statements:

"The difference that makes the USA special from the rest of the world is its approach to freedom, which is the fundamental bond that holds it together. The USA keeps people's freedom to decide what is best for themselves and their families as wide as possible. It is also very important whether the regulations hinder Americans' right to choose for themselves and their families."

He was one of the people who gave the greatest support...

As is known, Peirce was one of the most prominent pro-crypto figures within the SEC in the 8 years he was in office. Peirce, who had a great contribution to the approval of Bitcoin spot ETFs by the institution and was one of the people who argued with and opposed the then president Gary Gensler on many issues, openly criticized the regulation approach through sanctions and penalties during the Gensler period.

After Peirce, who played an important role in the SEC's "Crypto Task Force" during the Trump administration, only chairman Paul Atkins and another crypto supporter, Republican member Mark Uyeda, will remain in the institution's commission.

After Trump's election, new members could not be appointed to replace the two pro-Democratic members who resigned when their terms of office expired. In other words, the number of members will decrease from 5 to 2, including the president.