SEC officials support privacy rights, but the market structure bill is delayed until 2026.

[Coin World] SEC encryption working group leader Hester Peirce has recently spoken out again, emphasizing two core points this time: the right to self-custody of encrypted assets and the privacy protection of online financial transactions. She believes that online financial privacy should be the norm and not something that needs to be specially fought for.

However, when it comes to the legislative aspect, progress has not been so smooth. Senator Tim Scott revealed that the previously anticipated “Digital Asset Market Structure Clarity Act” will not be introduced until 2026. This bill is quite critical—it covers key provisions such as self-custody, anti-money laundering compliance, and asset classification. It seems that the market will have to wait a bit longer.

On one hand, the regulators are calling for the protection of user rights, while on the other hand, specific rules have yet to be implemented. This rhythm actually reflects the current state of encryption regulation: the direction is clear, but when it comes to advancing, the various parties' negotiations will still take a considerable amount of time.