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SEC Commissioner Hester Peirce Speaks On Privacy And Permissionlessness At PubKey
- SEC Commissioner Hester Peirce discussed privacy and permissionlessness at PubKey with NYDIG founder Ross Stevens.
- Peirce emphasized the importance of permissionless networks like Bitcoin for freedom and privacy rights for U.S. citizens.
- She acknowledged the risk of potential orders allowing the government to confiscate citizens' bitcoin.
- Peirce highlighted the significance of treating code as speech to prevent restrictions on developers' ability to publish open-source software.
- Regarding financial privacy and crypto mixers, Peirce supported Americans' right to use technologies for preserving privacy.
- Discussions also covered concerns about the Bank Secrecy Act mandating personal data disclosure to financial institutions.
- Peirce expressed care and consideration in her responses, indicating a genuine concern for balancing regulation with innovation in the crypto space.
- She emphasized the potential for growth in Bitcoin and crypto, highlighting the importance of not impeding their development.
- Peirce's thoughtful approach and assurances of continued consideration received positive reception from attendees.
- Overall, Peirce's insights at PubKey underscored the necessity of upholding privacy while fostering innovation in the crypto sector.
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