Under Chairman Paul Atkins, the SEC has actively encouraged new cryptocurrency technologies, but commissioners recently warned crypto industry innovators to anchor privacy in all their efforts. “Our national degradation of financial privacy and the rules that embody it are overdue for a change, and crypto is helping to nudge a reassessment,” said Commissioner Hester Peirce at a recent commission roundtable featuring representatives from the blockchain and decentralized finance industries. This article synthesizes key discussions from the roundtable regarding the intersection of blockchain technology, financial surveillance and privacy issues, as well as industry representatives’ wish list for SEC guidance on fostering responsible development of crypto businesses. See “Six Steps to Address the SEC’s Trump Era Cyber Enforcement Priorities” (Apr. 9, 2025).