U.S. SEC Commissioner Hester Peirce spoke to a group of blockchain researchers and practitioners, urging lawmakers to protect users’ right to transact privately. Her remarks come in as Tornado Cash’s co-founder Roman Storm’s case comes closer to the date.  Advocating Right To Privacy  The SEC commissioner asserted that the way developers use other code should not be held accountable. She argued that the ability to transfer value privately, similar to using physical cash, is a fundamental right that should be protected.  Furthermore, Peirce noted that in the 1990s, the U.S. government opposed this right to privacy. To get this right…

Venture capital giant Andreessen Horowitz (a16z) has issued a warning to the US Senate Banking Committee, urging a major rethink of proposed cryptocurrency regulations.  In an open letter released Thursday, the firm criticized the draft legislation’s “ancillary asset” framework. It argued that it creates dangerous loopholes that could erode investor protections and destabilize the crypto market. The draft, an extension of the 21st Century Financial Innovation and Technology Act (CLARITY Act), defines ancillary assets “as tokens sold with investment contracts but without equity, dividend, or governance rights.” A16z criticized this approach as flawed, warning it conflicts with the cornerstone Howey…

Michael Saylor, executive chairman of business intelligence firm MicroStrategy, is another voice requesting for regulatory clarity around digital assets in the United States. The United States government intensifies efforts to legally define cryptocurrencies, digital securities, and tokenized assets. Michael Saylor made his comments during MicroStrategy’s Q2 earnings call. Saylor emphasized the need for a comprehensive digital asset taxonomy that distinguishes digital securities from commodities. He said the conditions under which traditional securities can be tokenized, should be made clear.  “It would be beneficial to the market if they nail down the digital assets taxonomy. Under what circumstances can you tokenize…

U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has launched “Project Crypto.” It is a bold initiative to help US adapt to the finance era and establish clear regulations for digital assets.  This positive reinforcement has been on the rise ever since Trump took the office in January 2025. The president is all guns to make America the leader for crypto innovation. He even posted an interesting video titled “Greatest Bitcoin explanation of all time”.  Pal Atkins said that this initiative is in response to the recent report released by The Working Group spearheaded by Donald Trump. He mentioned,…