SEC Crypto Newsroom/
Privacy in the House: Remarks at the Privacy and Financial Surveillance Roundtable
SEC Commissioner Peirce discussed financial privacy and surveillance at a Crypto Task Force roundtable, advocating for the protection of law-abiding citizens' privacy and cautioning against forcing intermediation for surveillance purposes.
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Why It Matters
The remarks suggest a regulatory shift toward recognizing financial privacy as a norm and protecting software developers from Bank Secrecy Act obligations if they lack asset custody.