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via crypto.news · By crypto.news Editorial

SEC’s Peirce backs zero-knowledge proofs for KYC

CE
crypto.news Editorial
(04:56 AM UTC)
1 min read
EW
Verified byEmily Watson

SEC Commissioner Hester Peirce has called on U.S. regulators to use zero-knowledge proofs and digital credentials to reduce personal-data collection in KYC and AML compliance following her September 23 speech in New York.

Summary

  • Peirce urged regulators to use zero-knowledge proofs for compliance checks while collecting less personal information.
  • Attrib…

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