SEC sounds alarm on crypto surveillance vs privacy
Officials from the US Securities and Exchange Commission (SEC) met with executives from the cryptocurrency industry on Monday, December 15.
During this time, they discussed issues regarding financial monitoring and user privacy. This meeting illustrates part of the federal agency’s long-standing goal of enhancing the regulatory framework set up for digital assets.
During the roundtable discussion, Hester Peirce, a Commissioner at the SEC widely known as the “Crypto Mom” for her strong support of the digital asset industry, along with Paul Atkins, the chair of the SEC, and Commissioner Mark Uyeda, took the initiative to elaborate on effective ways in which regulators can safeguard investors while also taking privacy concerns…
