The U.S. Securities and Exchange Commission (SEC) has signaled a more constructive approach to digital assets, emphasizing the importance of innovation and privacy. During a recent policy discussion, SEC Chairman Paul S. Atkins and Commissioner Hester M. Peirce highlighted the potential of cryptocurrencies to drive innovation while underscoring the need to protect financial privacy and resist mass surveillance. Commissioner Peirce notably opposed the expansion of Bank Secrecy Act rules to noncustodial developers, indicating a supportive stance towards crypto builders. This discussion comes as the EU's Markets in Crypto-Assets Regulation continues to influence global regulatory standards, with liquidity and crypto markets remaining a central focus for regulators.
SEC Embraces Crypto Innovation, Stresses Privacy in Policy Discussion
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