# U.S. SEC Commissioner “Crypto Mom” Hester Peirce Resigns on October 2
Event: SEC Commissioner Hester Peirce (“Crypto Mom”) officially announced that she will step down on October 2. After her departure, there will be only two commissioners remaining in office at the SEC, leaving two seats vacant. She has long argued that crypto needs clear rules rather than simple litigation-based crackdowns, and she has repeatedly publicly supported reasonable regulation of the crypto industry. She is one of the few voices within the SEC that tends to favor the industry.
Potential Upside: Her resignation will not immediately overturn existing SEC crypto policies. Rules that have already been implemented, such as spot ETFs, are not directly affected. When subsequent commissioner nominees are proposed, there is a possibility of bringing in people with similarly friendly stances.
Potential Downside: The SEC lacks a moderating voice within the agency. On issues such as crypto rulemaking, whether tokens qualify as securities, and RWA regulation, the process is more likely to tilt toward a tougher enforcement approach. Uncertainty around spot ETF approvals and the implementation of token classification rules may rise, leaving the industry without internal buffering power.
Outlook: In the short term, sentiment is slightly bearish. The market may worry that regulation will become even stricter. However, this will not change the SEC’s existing enforcement trajectory. Crypto market performance will still be driven mainly by the Federal Reserve’s interest rates and U.S. Treasury yields. Focus on tracking the nomination process for the SEC’s new commissioner(s).
Event: SEC Commissioner Hester Peirce (“Crypto Mom”) officially announced that she will step down on October 2. After her departure, there will be only two commissioners remaining in office at the SEC, leaving two seats vacant. She has long argued that crypto needs clear rules rather than simple litigation-based crackdowns, and she has repeatedly publicly supported reasonable regulation of the crypto industry. She is one of the few voices within the SEC that tends to favor the industry.
Potential Upside: Her resignation will not immediately overturn existing SEC crypto policies. Rules that have already been implemented, such as spot ETFs, are not directly affected. When subsequent commissioner nominees are proposed, there is a possibility of bringing in people with similarly friendly stances.
Potential Downside: The SEC lacks a moderating voice within the agency. On issues such as crypto rulemaking, whether tokens qualify as securities, and RWA regulation, the process is more likely to tilt toward a tougher enforcement approach. Uncertainty around spot ETF approvals and the implementation of token classification rules may rise, leaving the industry without internal buffering power.
Outlook: In the short term, sentiment is slightly bearish. The market may worry that regulation will become even stricter. However, this will not change the SEC’s existing enforcement trajectory. Crypto market performance will still be driven mainly by the Federal Reserve’s interest rates and U.S. Treasury yields. Focus on tracking the nomination process for the SEC’s new commissioner(s).