Meet the Watchdog Called CryptoMom

SEC’s Hester Peirce—Republicans’ muse on financial regulation—has won fans for her support of the digital-currency market

Cryptocurrency startups and traders fighting stricter regulation think they have their champion. They call her CryptoMom.

Hester Peirce, a Republican member of the Securities and Exchange Commission with libertarian leanings, has made waves with a number of contrarian positions since joining the agency last January. She has drawn attention for frequent votes against enforcement actions and calling on the SEC to moderate how it levies fines against companies and some individuals accused of wrongdoing.

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