Scanned ChainCatcher (CoinDesk): SEC Commissioner Hester Peirce talks more about KYC / AML—she thinks that “the more data the better” only builds an information mountain, making the truly important things harder to uncover.

She mentioned that zero-knowledge proofs can be used for compliance verification, without exposing all personal data. CoinDesk relayed it from an insight on X.

For compliance to be effective, it doesn’t necessarily mean stuffing all personal information into a database—this direction is definitely worth watching.#加密监管 #KYC #zero knowledge proofs