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News09/25, 21:56

SEC Commissioner Hester Peirce calls for a reassessment of KYC and AML regulatory approaches

SEC Commissioner Hester Peirce calls for a reassessment of KYC and AML regulation, arguing that excessive data collection may impede the identification of genuine risks. She proposed exploring the use of zero-knowledge proofs to verify compliance without exposing personal data.

News09/25, 12:12

SEC Commissioner Peirce Calls for Reduced Personal Data Collection in Financial Regulation

SEC Commissioner Hester Peirce stated that regulators should reduce personal data collection in KYC and AML and explore zero-knowledge proofs and attribute-based credentials. She also suggested reducing redundant identity verification.

# Financial Regulation # Personal Privacy # Zero-Knowledge Proofs # KYC # AML

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