PANews June 6 news, according to Bitcoin.com, Hester Peirce, head of the U.S. Securities and Exchange Commission (SEC) Crypto Working Group, called for a more relaxed regulatory approach to digital assets at the 3rd Annual Asset Management Emerging Trends Conference held on June 5. She pointed out that the current approval process has efficiency issues, and took the approval process of the spot Bitcoin ETF as an example, emphasizing the need to establish a standardized approval framework to reduce the compliance burden of the industry. Peirce specifically mentioned that the custody system needs to be clarified, and the legal status of state-level chartered trust institutions as digital asset custodians has not yet been clarified. With the recent policy adjustments of the U.S. Office of the Comptroller of the Currency and other institutions, she expects that more crypto asset custody options will emerge, and urged the SEC Investment Management Department to issue relevant guidelines as soon as possible.

In terms of investor protection, Peirce suggested re-evaluating the "qualified custodian" system and proposed that regulatory principles should be formulated that are more in line with the characteristics of digital assets. She said that a clear regulatory framework is crucial to promoting the integration of traditional finance and blockchain innovation, and the SEC needs to adopt a more forward-looking regulatory stance.