David Hirsh, the former head of the Cryptocurrency and Network Division at the SEC, expressed appreciation for the collaborative efforts that contributed to the success during his tenure. He did not disclose the specifics of his future employment plans but mentioned taking a break to travel with his family. Throughout his time at the SEC, Hirsh provided training on digital assets and cybersecurity to fellow regulators and law enforcement officials. After approximately nine years with the SEC, he decided to pursue a new chapter, feeling unfulfilled in his regulatory role.
Contrary to reports stating that Hirsh was involved in launching over 100 coins and would lead a new internal trading department for launching over 1,000 coins a day at Pump.Fun, Hirsh denied these claims. Following a $30 million fine, Kraken reached a settlement agreement with the Commission. The question of who will lead the cryptocurrency industry after Hirsh’s departure remains unanswered. A survey commissioned by Grayscale indicated growing interest in cryptocurrencies among Americans in the run-up to the U.S. presidential election, with 53% of respondents expressing readiness to vote for a candidate who understands cryptocurrencies.
This trend suggests the potential for changes in the cryptocurrency landscape after the American elections.
