BITPRISMIA
SEC Commissioner Hester Peirce states that the SEC is actively working on crypto regulations under existing frameworks and collaborating with industry leaders, without waiting for Congress to act.
The article discusses the importance of financial privacy in the digital age, emphasizing the need for protecting digital assets and the role of self-custody in maintaining financial autonomy, while addressing regulatory challenges.
SEC Commissioner Hester Peirce advocates for modernizing the Bank Secrecy Act (BSA) and protecting financial privacy, emphasizing the role of advanced technologies like cryptography and smart contracts.
The SEC's Crypto Task Force, led by Commissioner Hester Peirce, will tour 10 U.S. cities from August to December 2025 to gather input from small startups on cryptocurrency policy.
The SEC Crypto Task Force is organizing national roundtables to engage directly with early-stage crypto projects, aiming to create more inclusive and informed regulatory frameworks for digital assets.
SEC commissioner Hester Peirce warns that tokenized assets may still be classified as securities under US law, while House Republicans push for clearer crypto regulations.
Tokenization of assets, including stocks, is gaining traction, with significant market potential, but regulatory perspectives vary within the SEC.