As the Securities and Exchange Commission (SEC) braces for leadership changes, a surprising pro-crypto shift may be in the works. Commissioner Hester Peirce is expressing optimism in adoption of new digital mediums of exchange in the U.S. and their compliance with regulations. The departure of Chair Gary Gensler and the arrival of pro-crypto appointee Paul Atkins could replace the “tough love” approach with a more nurturing environment for digital assets.
In recent statements, Peirce hinted that long-stalled initiatives—like allowing Ethereum exchange-traded funds (ETFs) to stake or offer in-kind redemptions—may finally get their time in the sun. For an industry that has felt punished by regulatory obstacles, this fresh chapter could mark a big win for the industry.
While some uncertainty remains until the new guard takes over in January, Commissioner Peirce envisions a future where innovators focus on building rather than battling with regulators. By the end of 2025, she hopes the rules will be clear, investor protections firm, and the conversation centered on potential rather than punishment. After years of being held-back by unclear policy and vexatious litigation, it’s no wonder the crypto community is ready for some vision and considerate guidance as it matures in the U.S.