US SEC Commissioner Hester Peirce Discusses Perpetual Contracts and Prediction Market Regulation: Emphasizes Principles of Self-Custody and Financial Privacy
Odaily Planet Daily News: US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has shared her views on perpetual contracts, prediction markets, and the future of digital asset regulation, with an overall tone that is positive and open. Hester Peirce reviewed the Rule 611 transaction transparency proposal, which has been in the works for about 20 years, and pointed out that the so-called "innovation exemption" mechanism is 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 simple restrictions or vague oversight. At the same time, she emphasized two core principles: self-custody and financial privacy should be fundamental rights in the future regulatory system and should be incorporated into the subsequent design of digital asset regulatory frameworks.
