🚹 INSIGHT: SEC Commissioner Hester Peirce Wants to Rethink KYC & AML 🔐Hester Peirce argues that “more data” doesn’t always mean better enforcement.
đŸ—‚ïž Massive databases can create huge “haystacks” where finding financial-crime “needles” becomes harder.
Her proposed direction? Zero-knowledge proofs (ZKPs) — allowing users to prove they meet compliance requirements without revealing unnecessary personal information.
👉 The future of compliance could be:
VERIFY MORE. REVEAL LESS. 🧠🔒
Could ZKPs reshape KYC, AML and crypto privacy?#cryto