Hester Peirce, a Commissioner of the U.S. Securities and Exchange Commission (SEC), stated in a speech at Georgetown University Law Center on the 27th (local time) that privacy-enhancing technologies can play a positive role in the cryptocurrency industry. She emphasized, "Privacy protection technology should be introduced into the financial regulatory framework. We should invite technology teams that can minimize personal information collection while complying with KYC and anti-money laundering regulations, and have them actively cooperate with the SEC's cryptocurrency task force."