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"Crypto Mom" Hester Peirce quits the SEC, effective Oct. 2

2026-09-26

Hester Peirce, a commissioner at the US Securities and Exchange Commission, has formally resigned. Her departure takes effect on Oct. 2. She posted a copy of her resignation letter on her X account on Friday.

Peirce served on the commission for about eight years. During that time she was director of the SEC's Crypto Task Force. She became known as "Crypto Mom" because she pushed for clear, rules-based regulation of the crypto industry.

The report does not say why she is leaving, who will take her seat, or who will run the Crypto Task Force after she goes. None of those questions has a public answer in the article.

For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this news changes nothing directly. The report mentions no new rule, so funding rates, trading fees and order-book liquidity on those venues are not affected by the resignation itself. Any effect would depend on later decisions at the SEC, and the article describes none.

Source: cointelegraph — SEC Commissioner Hester Peirce to leave post on Oct. 2

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