BREAKING 🚨
SEC Commissioner Hester Peirce demands an end to KYC data collection 🚫.
She says KYC/AML systems store personal data, making them hack magnets. 🔒 The risk extends to phishing and even physical threats. Peirce urges zero‑knowledge proofs to verify compliance without data exposure. Industry adoption could shift regulatory norms.
Regulators and exchanges are monitoring the call for policy action 📈.
$QI, $PHA, $PHA
SEC Commissioner Hester Peirce demands an end to KYC data collection 🚫.
She says KYC/AML systems store personal data, making them hack magnets. 🔒 The risk extends to phishing and even physical threats. Peirce urges zero‑knowledge proofs to verify compliance without data exposure. Industry adoption could shift regulatory norms.
Regulators and exchanges are monitoring the call for policy action 📈.
$QI, $PHA, $PHA
