SEC’s Hester Peirce makes case for crypto privacy rights as Tornado Cash trial heats

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U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has issued a strong defense for financial privacy and open-source development, calling on lawmakers and regulators to protect individuals’ right to transact privately—particularly in the age of blockchain and decentralized finance (DeFi). Speaking at Monday’s Science of Blockchain Conference, Peirce said privacy-preserving tools and the right to self-custody digital assets must be safeguarded. She emphasized that developers...