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Galaxy Digital’s Mike Novogratz Backs Hester Peirce For SEC Chair
The post Galaxy Digital’s Mike Novogratz Backs Hester Peirce For SEC Chair appeared on BitcoinEthereumNews.com. Galaxy Digital CEO Mike Novogratz has publicly endorsed Hester Peirce as the next Chair of the U.S. Securities and Exchange Commission (SEC), highlighting her advocacy for clear and balanced cryptocurrency regulations. Peirce, who has criticized how the current SEC Chair, Gary Gensler, runs the agency, has pushed for a ‘transparency framework’. Novogratz and other crypto leaders see Peirce as the ideal person to help steer the SEC toward embracing crypto industry. Peirce has become a prominent SEC voice against Gensler’s litigious crypto regulation approach in recent years. Supporters of the crypto industry have latched onto her strong pro-crypto views. – Advertisement – She is famously dubbed as “Crypto Mom” due to hopes of a more defined regulatory landscape. Peirce’s extensive Senate and legal experience shows she is also a credible candidate for SEC Chair. The speculation that Gensler would leave has only heated these talks as the crypto space seeks a leader who can bring regulatory certainty. Gensler’s tough stance on the industry contrasts with Peirce’s approach. She has therefore garnered praise from figures like Novogratz, who feels her leadership would serve the industry well. Regulatory clarity from the SEC could provide the conduit for driving institutional interest in the digital asset space. Mike Novogratz Supports Peirce Ensuring Transparent Crypto Regulation As Gary Gensler’s term may end, Peirce’s appointment could indicate a giant move for how the SEC tackles cryptocurrency regulation. The strategy that Gensler has long argued for has been more of enforcement. It is a position that has drawn its fair share of criticism for creating confusion in the crypto market. According to industry leaders, Peirce could lead to measures that foster innovation while also protecting the interests of investors. Nevertheless, recent enforcement experiences have seen growing tensions between regulators and crypto enthusiasts throughout the expansive world of…
The post Galaxy Digital’s Mike Novogratz Backs Hester Peirce For SEC Chair appeared on BitcoinEthereumNews.com.
Galaxy Digital CEO Mike Novogratz has publicly endorsed Hester Peirce as the next Chair of the U.S. Securities and Exchange Commission (SEC), highlighting her advocacy for clear and balanced cryptocurrency regulations. Peirce, who has criticized how the current SEC Chair, Gary Gensler, runs the agency, has pushed for a ‘transparency framework’. Novogratz and other crypto leaders see Peirce as the ideal person to help steer the SEC toward embracing crypto industry. Peirce has become a prominent SEC voice against Gensler’s litigious crypto regulation approach in recent years. Supporters of the crypto industry have latched onto her strong pro-crypto views. – Advertisement – She is famously dubbed as “Crypto Mom” due to hopes of a more defined regulatory landscape. Peirce’s extensive Senate and legal experience shows she is also a credible candidate for SEC Chair. The speculation that Gensler would leave has only heated these talks as the crypto space seeks a leader who can bring regulatory certainty. Gensler’s tough stance on the industry contrasts with Peirce’s approach. She has therefore garnered praise from figures like Novogratz, who feels her leadership would serve the industry well. Regulatory clarity from the SEC could provide the conduit for driving institutional interest in the digital asset space. Mike Novogratz Supports Peirce Ensuring Transparent Crypto Regulation As Gary Gensler’s term may end, Peirce’s appointment could indicate a giant move for how the SEC tackles cryptocurrency regulation. The strategy that Gensler has long argued for has been more of enforcement. It is a position that has drawn its fair share of criticism for creating confusion in the crypto market. According to industry leaders, Peirce could lead to measures that foster innovation while also protecting the interests of investors. Nevertheless, recent enforcement experiences have seen growing tensions between regulators and crypto enthusiasts throughout the expansive world of…
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