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Hester Peirce led SEC Crypto Task Force and championed innovation, Cynthia Lummis notes

Hester Peirce led SEC Crypto Task Force and championed innovation, Cynthia Lummis notes
Lummis credits Peirce for crypto advocacy

Cynthia Lummis, U.S. Senator, Wyoming at U.S. Senate, commended Hester Peirce for her longstanding advocacy for American innovators in the digital asset industry.

Lummis highlighted Peirce's dissent against regulation by enforcement and her role in leading the SEC’s Crypto Task Force as having a lasting impact on industry clarity.

Lummis has previously advocated for strong customer protections in crypto bankruptcies, highlighting that the Clarity Act would prioritize consumer assets in such cases. She has also said the Clarity Act will require digital asset exchanges to comply with U.S. bank secrecy and anti-money laundering standards. These efforts reflect her continued support for regulatory clarity in the digital asset sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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