SEC Commissioner Hester Peirce has called for clearer regulatory frameworks for digital assets, emphasizing the importance of self-custody and financial privacy. Speaking on perpetual contracts and prediction markets, Peirce highlighted the need for regulations that balance market innovation with investor protection. She revisited the Rule 611 "trade-through" proposal, advocating for a strict and narrowly tailored "innovation exemption" to foster market growth while safeguarding investors. Peirce's remarks underscore the necessity of integrating self-custody and financial privacy as foundational rights in future digital asset regulations.