$AAPL.US đš SEC Commissioner Hester Peirce on KYC & Privacy
Hester Peirce says KYC systems should collect less personal data and make greater use of zero-knowledge proofs (ZKPs).
The idea: verify that someone meets compliance requirements without exposing sensitive details such as their name, income, or address. đ
A potential shift toward privacy-preserving compliance in crypto.
#Crypto #Privacy #KYC #ZKProofs #Blockchain #DeFiDominance #CoinMarketCapCompletesCoinglassAcquisition
Hester Peirce says KYC systems should collect less personal data and make greater use of zero-knowledge proofs (ZKPs).
The idea: verify that someone meets compliance requirements without exposing sensitive details such as their name, income, or address. đ
A potential shift toward privacy-preserving compliance in crypto.
#Crypto #Privacy #KYC #ZKProofs #Blockchain #DeFiDominance #CoinMarketCapCompletesCoinglassAcquisition