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SEC's 'Crypto Mom' Hester Peirce to Step Down Amid CLARITY Act Gridlock

Guavy AI Editorial Team
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SEC Commissioner Hester Peirce is leaving her position on October 2, after nearly nine years of service. She has been a vocal advocate for clearer digital-asset rules and was nicknamed 'Crypto Mom' by crypto insiders.

Pierce's departure comes as the CLARITY Act remains stalled in the Senate, which would provide a comprehensive congressional framework for dividing crypto oversight between the SEC and CFTC.

The total crypto market cap currently sits at $2.95 trillion, with daily market volume at $135.7Bn. Bitcoin trades for just over $84,000 with a daily trading volume of $35Bn.

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