Skip to content

Bitcoin

SEC’s Hester Peirce Wants Zero-Knowledge Proofs to Fix KYC System

Josh1 min read

SEC's Hester PeirceOutgoing SEC Commissioner Hester Peirce called for an overhaul of legacy financial-surveillance frameworks, arguing that mandatory, continuous collection of personal data is costly and largely ineffective at detecting criminals. Rethinking Legacy KYC Frameworks Outgoing Securities and Exchange Commission (SEC) Commissioner Hester Peirce has called for an overhaul of the U.S. government’s financial surveillance framework. Speaking […]

Source: https://news.bitcoin.com/technology/secs-hester-peirce-wants-zero-knowledge-proofs-to-fix-kyc-system/

Market Analyst

Josh

This author has not added a bio yet.

View all analysis