SEC Commissioner Hester Peirce urged regulators to adopt zero-knowledge proof technology to allow cryptocurrency firms to conduct KYC checks while collecting less personal data. The proposal comes as federal agencies advance stablecoin regulation under the GENIUS Act.
SEC Commissioner Hester Peirce, known as 'Crypto Mom' for her advocacy of digital assets, announced her resignation effective next week after years of service. In one of her final speeches, she called for reducing KYC data collection and implementing zero-knowledge proofs to protect privacy.
SEC Commissioner Hester Peirce issued a public statement saying that crypto vaults and onchain lending strategies may fall under federal securities laws depending on their specific structure and activities. She cautioned that moving activities already within the scope of federal securities laws onchain does not remove them from those laws.
The U.S. Securities and Exchange Commission debuted a new podcast with crypto regulation featured prominently in the first episode. Commissioner Hester Peirce discussed the technology and regulatory approach, signaling crypto as a top priority for the agency in 2026.
