At a recent Blockchain industry conference, Hester Peirce, a member of the U.S. SEC(, delivered a thought-provoking speech. She emphasized the government's important responsibility in protecting citizens' financial privacy rights while expressing support for privacy protection technologies and self-custodied encryption assets.

Commissioner Peirce pointed out that while national security concerns are often used as a reason to limit financial privacy, this approach may backfire. She believes that restricting privacy and decentralized technology is not the right way to address security issues. On the contrary, she advocates that the privacy rights of citizens when transferring assets should be valued and protected equally, just as communication privacy is.

These remarks are particularly important in the context of increasingly tightening regulation of cryptocurrencies. Peirce's views seem to stand in stark contrast to the cautious stance some regulatory bodies have taken towards crypto assets. Her statements not only reflect a respect for individual privacy rights but also show an acknowledgment of the potential of emerging financial technologies.

With the rapid development of the digital economy, how to strike a balance between protecting personal privacy and maintaining the security of the financial system has become an important issue facing global regulatory agencies. Commissioner Peirce's perspective undoubtedly provides a new angle for thinking about this complex topic and points to possible directions for the regulation of encryption assets in the future.