SEC Commissioner Peirce publicly opposes excessive regulation of crypto privacy tools.
She believes privacy is one of the core values of cryptocurrency and shouldn't be banned outright just because it might be used for illegal activities. This stance is a minority opinion within the SEC, but it carries significant weight.
Privacy tools (like mixers and privacy chains) have been a primary target for regulators. If voices within the SEC start supporting privacy rights, it indicates that the industry has made progress in lobbying efforts.
Of course, this doesn’t mean that privacy tools will be legalized immediately. But the direction is changing, rather than remaining static.
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