{"id":458115,"date":"2025-12-01T06:40:59","date_gmt":"2025-12-01T06:40:59","guid":{"rendered":"https:\/\/cryptonews.com\/?post_type=web-story&p=458115\/"},"modified":"2025-12-01T06:41:01","modified_gmt":"2025-12-01T06:41:01","slug":"secs-hester-peirce-defends-crypto-self-custody-and-financial-privacy","status":"publish","type":"web-story","link":"https:\/\/cryptonews.com\/web-stories\/secs-hester-peirce-defends-crypto-self-custody-and-financial-privacy\/","title":{"rendered":"SEC\u2019s Hester Peirce Defends Crypto Self-Custody and Financial Privacy"},"content":{"rendered":"
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<\/p><\/amp-story-grid-layer> <\/span><\/p><\/div>\n<\/div>\n <\/p><\/amp-story-grid-layer><\/amp-story-page> <\/p><\/amp-story-grid-layer> US Securities and Exchange Commission Commissioner Hester Peirce has renewed her defense of crypto self-custody, calling it a basic freedom and pushing back against the growing idea that privacy in financial transactions is somehow suspicious.<\/span><\/p>\n<\/div>\n<\/div>\n “Of course people can hold their own assets,” she said, questioning why that principle should even be controversial in a country founded on personal liberty.<\/span><\/p>\n<\/div>\n<\/div>\n <\/p><\/amp-story-grid-layer> <\/p><\/amp-story-grid-layer> “If you want to keep your transactions private, the assumption shouldn’t be that you’re doing something illegal,” she said. “It should be the opposite.”<\/span><\/span><\/p>\n According to Senator Tim Scott, the Digital Asset Market Structure Clarity Act, a bill that addresses self-custody, anti-money laundering rules and the classification of digital assets, has been delayed until 2026.<\/span><\/p>\n<\/div>\n<\/div>\n Peirce also took aim at what she described as a cultural shift toward treating financial privacy as a red flag. Instead, she said, privacy should be the default, not a sign of wrongdoing.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n <\/p><\/amp-story-grid-layer>SEC’s Hester Peirce Defends Crypto Self-Custody and Financial Privacy<\/span>
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\n<\/span><\/span><\/h2>\nSEC’s Peirce Says Financial Privacy Should Be the Default<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n