U.S. SEC Commissioner Hester Peirce Discusses Perpetual Contracts and Prediction Market Regulation: Emphasizing Self-Custody and Financial Privacy Principles

Odaily reported that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce shared her views on perpetual contracts, prediction markets, and the future of digital asset regulation, with an overall tone that was positive and open. Hester Peirce reviewed the Rule 611 transaction transparency proposal, which has been in the works for about 20 years, pointing out that the so-called "innovation exemption" mechanism will be intentionally designed to be strict and limited, in order to balance market innovation with investor protection.

Hester Peirce stated that new financial products such as tokenized securities, perpetual contracts, and prediction markets should be governed by a clearer regulatory framework, rather than simply being restricted or subjected to vague oversight. At the same time, she emphasized two core principles: self-custody and financial privacy should become fundamental rights within the future regulatory system, and should be incorporated into the design of subsequent digital asset regulatory regimes.