SEC Commissioner Peirce Calls for Greater Focus on Privacy-Enhancing Technologies and Advocates Limiting Government Financial Surveillance of Ordinary Citizens

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Deep Tide TechFlow News, May 28 — According to the official website of the U.S. Securities and Exchange Commission (SEC), SEC Commissioner Hester M. Peirce delivered a speech at the "Regulating PETshop Series" seminar at Georgetown University Law Center on May 27, calling for the integration of Privacy-Enhancing Technologies (PETs) into the financial regulatory framework. She criticized the current regulatory approach for being overly focused on government surveillance, advocating that technology should serve to protect individual privacy rather than expand monitoring, and pointed out that blockchain public wallet addresses can reduce the risk of investor personal information leaks while meeting compliance requirements.

Peirce also invited technology teams capable of minimizing personal data collection while satisfying KYC and anti-money laundering regulations to proactively collaborate with the SEC Crypto Task Force.

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