Overview

• Speaking on September 25 at the Coin Center Dinner, Commissioner Hester Peirce apologized for the agency’s past hostility to crypto and said she failed to persuade colleagues to give the sector a fair chance.
• She urged companies to move quickly in the newly clarified environment to build systems that improve safety, security, and prosperity while demonstrating the technology’s value.
• Under Chair Paul Atkins, the SEC has stood up a Crypto Task Force led by Peirce and launched Project Crypto to modernize securities rules, distinguish securities from non‑securities, and craft realistic registration paths.
• The agency has begun easing its enforcement posture, including agreeing to dismiss its Coinbase lawsuit and issuing guidance such as clarifying that certain liquid staking activities are not securities.
• As her term has expired and she awaits a successor, Peirce lightheartedly teased a personal NFT project featuring ‘CryptoMom’ and other policy-world characters.