SEC staff publicly contradicts: large-scale KYC should be stopped.
She said bluntly that this is basically data gold for hackers—crypto users can get phished in minutes, or even be visited in person.
In plain terms, the more compliance data you collect, the worse you die when things blow up.😂
$BTC #KYC #crypto security
She said bluntly that this is basically data gold for hackers—crypto users can get phished in minutes, or even be visited in person.
In plain terms, the more compliance data you collect, the worse you die when things blow up.😂
$BTC #KYC #crypto security
