SEC commissioner Hester Peirce stresses the importance of financial privacy and highlights tokenization as a key focus

Hester Peirce pointed out that the SEC is concentrating on rules for token distribution and guidance on cryptocurrency custody, showcasing how tokenization is a current priority.

Peirce stressed that financial privacy is crucial in the digital asset landscape and advocated for robust protections for individuals’ rights to privacy.

She called on the government to reconsider the Bank Secrecy Act and anti-money laundering measures in the context of evolving cryptocurrency dynamics.