SEC Boosts Blockchain Privacy with Balanced Approach in 2025
The crypto industry is pressing the U.S. Securities and Exchange Commission (SEC) to adopt a balanced regulatory framework for privacy tools in distributed ledgers. Executives argue that while these tools can be misused by a few, their primary applications are beneficial. A measured approach, they say, will preserve their advantages without compromising security.
Privacy remains a fundamental right, and blockchain technology empowers individuals to control their personal data. Yet, current regulations often conflict with this objective. Industry leaders urge the SEC to collaborate on crafting rules that safeguard privacy while ensuring compliance.
Outdated measures like Know Your Customer (KYC) and Anti-Money Laundering (AML) are increasingly seen as ineffective. Advanced technologies, including AI, are reshaping the landscape, demanding a more nuanced regulatory response.
