SEC commissioner stresses crypto’s role in privacy reevaluation

Hester Peirce emphasized the need to rethink how financial transactions are surveilled as the crypto market expands. She stated that cryptocurrencies could help address privacy concerns but also create new demands for privacy-protecting tools.

At the recent roundtable, the SEC’s crypto task force discussed the regulatory balance between protecting investors and ensuring privacy in digital assets, especially amid rising industry concerns about privacy in the era of blockchain transactions.