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

Odaily Planet Daily News 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 positive and open tone. Hester Peirce reviewed the Rule 611 transaction transparency proposal, which has been under consideration for about 20 years, noting that the so-called "innovation exemption" mechanism would be intentionally set 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 simple restrictions or ambiguous regulation. 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 frameworks.