Crypto self-custody is a fundamental right, says SEC's Hester Peirce
PositiveCryptocurrency

- Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission (SEC), has asserted that self-custody of assets and financial privacy are fundamental rights that align with the foundational principles of freedom in the United States. This statement underscores the importance of individual control over financial assets in the evolving cryptocurrency landscape.
- This declaration by Peirce is significant as it reinforces the SEC's recognition of personal financial autonomy, which could influence future regulatory approaches and foster a more supportive environment for self-custody solutions in the crypto sector.
- The emphasis on self-custody reflects ongoing debates about privacy rights and regulatory oversight in the cryptocurrency market. As the SEC prepares for discussions on privacy and financial surveillance, the balance between regulation and individual rights remains a critical issue, highlighting the tension between innovation in digital assets and the need for consumer protection.
— via World Pulse Now AI Editorial System




