SEC's 'Crypto Mom' Hester Peirce to depart next week

Hester Peirce, the SEC commissioner known as "Crypto Mom" and the agency's steadiest crypto advocate, will leave the commission on Oct. 2. Her long-anticipated exit was announced as the SEC was rolling out its latest crypto-related work, including the new pathway for tokenized securities.

• Peirce has served on the SEC since January 2017, repeatedly dissenting against enforcement actions and rulemakings she viewed as stifling digital assets.
• Her departure removes a leading internal voice for crypto clarity as the agency, under Chair Paul Atkins, reshapes its approach to tokenized stocks, custody and market structure.