TD Cowen: Hester Peirce's term will expire in June 2025, which may affect the continuity of the crypto working group

2025-01-24 09:38:29

Collection

ChainCatcher news, according to The Block, investment bank TD Cowen released a research report indicating that Hester Peirce, the new head of the SEC's cryptocurrency working group, will complete her term in June 2025, which may affect the continuity of the working group. SEC acting chairman Mark Uyeda announced the establishment of the working group the day after Trump's inauguration, aiming to develop a comprehensive regulatory framework for the cryptocurrency industry.

Jaret Seiberg, head of TD Cowen's Washington research group, stated that according to SEC regulations, the chairman and commissioners can be extended for up to 18 months after their term ends. Known as the "crypto mom," Peirce has long supported cryptocurrency innovation, and this working group has received support from Uyeda and Atkins.

(Source Link)

Related tags

Hester Peirce term expired

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.