SEC's Top Crypto Advocate Hester Peirce to Depart Next Week

Hester Peirce, a long-time advocate for cryptocurrency within the U.S. Securities and Exchange Commission (SEC), is set to leave her position next week.

Prior to joining the SEC in 2018, Peirce served as an Assistant Professor of Law at Ohio State University's Moritz College of Law and was a Director of the Financial Institutions Group at the American Enterprise Institute.

Pierce has been a vocal supporter of cryptocurrency and blockchain technology, often citing their potential for increased financial inclusion and efficiency in securities trading. Her departure is likely to be closely watched by industry observers and investors.