Gary Gensler is expected to step down as the SEC Chair following the US elections. Speculation is rife about his potential successors, with Hester Peirce, known as 'Crypto Mom,' emerging as a top contender under a potential Trump administration.

Peirce is recognized for her pro-crypto stance, which could signal a significant shift in the regulatory landscape for the cryptocurrency industry. Another name in the mix is Chris Giancarlo, referred to as 'Crypto Dad,' who also has a favorable view of cryptocurrencies. The potential appointment of either Peirce or Giancarlo is seen as a bullish development for the crypto sector. Trump is reportedly in favor of Peirce, while Harris may prefer a more cautious regulatory approach.

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