Overview

• Speaking at a Coin Center event, Peirce apologized for failing to persuade SEC colleagues earlier to give the crypto sector a chance.
• She said the SEC’s approach has shifted since Gary Gensler’s departure, replacing case-by-case crackdowns with clearer guidance.
• Under Chair Paul Atkins, the SEC formed a Crypto Task Force led by Peirce and launched Project Crypto to modernize digital asset rules.
• Coverage reports that the agency has dropped several long-running enforcement actions against crypto firms as part of the policy pivot.
• Peirce, whose SEC term ended in June, called for quick progress on durable frameworks and joked about a post-SEC NFT project and beekeeping.