🔐 Can compliance be achieved without sacrificing privacy?
SEC Commissioner Hester Peirce believes that zero-knowledge proofs (ZKPs) could enable verification of meeting KYC/AML requirements without collecting and storing massive amounts of users’ personal data.
The idea is simple yet profound: prove that you meet the conditions—without revealing every detail about yourself.
If this approach succeeds at scale, it could reshape the relationship between compliance and privacy in the financial sector and Web3.
$ZEC $MINA $STRK
#Crypto #ZK #Privacy #Web3 #SEC
SEC Commissioner Hester Peirce believes that zero-knowledge proofs (ZKPs) could enable verification of meeting KYC/AML requirements without collecting and storing massive amounts of users’ personal data.
The idea is simple yet profound: prove that you meet the conditions—without revealing every detail about yourself.
If this approach succeeds at scale, it could reshape the relationship between compliance and privacy in the financial sector and Web3.
$ZEC $MINA $STRK
#Crypto #ZK #Privacy #Web3 #SEC
