The post Galaxy CEO Reveals Potential US SEC Chair Under Donald Trump appeared on BitcoinEthereumNews.com.

Galaxy CEO Mike Novogratz believes that Commissioner Hester Peirce, who has been vocal in her criticism of SEC Chairman Gary Gensler’s approach of regulating the crypto industry through lawsuits rather than rulemaking, would be an excellent choice for the next US SEC Chair. Novogratz’s endorsement of Peirce comes as she has been a staunch advocate for a more thoughtful, clear regulatory framework for the crypto space. Peirce’s position as the most outspoken Republican on the SEC under Gensler’s leadership further solidifies her potential candidacy for the top position at the agency. Hester Peirce May Become Future US SEC Chair, Says Novogratz While the crypto industry awaits the forthcoming shift in regulation, many are setting their gaze upon Hester Peirce – a prominent commissioner of the SEC – who is in a great position to have a lot to say about the future of cryptocurrency in this country. She would be an excellent choice for the US SEC Chair, at least when it comes to Galaxy CEO Mike Novogratz who openly supported Peirce, during his CNBC call. .@novogratz says he sees a “substantial shift in the energy” of the crypto industry in the coming months if Trump appoints crypto supporters to SEC, FDIC and OCC roles. pic.twitter.com/IP63AbDfdI — Squawk Box (@SquawkCNBC) November 6, 2024 The crypto community has often called her “Crypto Mom” due to her friendly stance toward crypto. Her influence has greatly influenced considering more friendly regulations toward digital assets. With Gary Gensler’s term ending in a few months as US SEC Chair, Peirce’s name comes out tall. One can see the elevation as turning the tide in a different direction concerning crypto regulation by the SEC. She has also long supported bringing clarity and regulatory certainty to crypto. Her more open and balanced perspective is a far cry…

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Filed under: News - @ November 6, 2024 10:21 pm