Morning Edition · Friday, September 25, 2026Published at 1:49 AM EDT · New York
In her penultimate week as a commissioner, Hester Peirce said customer identification rules build data stores that verification technology could make unnecessary.

Hester Peirce, a commissioner at the Securities and Exchange Commission (SEC) who is leaving the agency, told the Securities Industry and Financial Markets Association (SIFMA) Digital Assets Conference that regulators should examine decentr…
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Part of a tracked trend
Compliance Data Becomes the Attack Surface
Mandated identity collection keeps concentrating name-to-address links inside brokers and their banking partners, so each breach permanently deanonymizes holders and sustains a pipeline of phishing and physical attacks, pushing users toward privacy tooling and custodial products.
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