August 7, 2020 U.S. Senate confirms Hester Pierce for a second term as SEC Commissioner.

Yesterday, the U.S. Senate Banking Committee confirmed Hester Pierce for a second term as Commissioner of the U.S. Securities and Exchange Commission. Nominated for the position in early June, Pierce has been an advocate for blockchain policies viewed by many in the crypto community as favorable. In February, Pierce authored a dissenting statement regarding the SEC’s rejection of the United States Bitcoin and Treasury Investment Trust, stating that the move stifles innovation.