SEC’s Peirce Backs Zero-Knowledge Proofs for KYC

SEC’s Peirce backs zero-knowledge proofs for KYC

SEC Commissioner Hester Peirce urged regulators to use zero-knowledge proofs to reduce personal data collection in KYC and AML compliance.

SEC’s Hester Peirce Pushes Zero-Knowledge Privacy as Staff Clarifies Token Buybacks and Liquid Staking

SEC Commissioner Hester Peirce urged financial regulators to adopt privacy-preserving cryptography that can verify customer eligibility without requiring institutions to repeatedly collect names, addresses and other sensitive personal information. Speaking at the SIFMA Digital Assets Conference in New York on September 23, Peirce argued that zero-knowledge proofs could allow a counterparty to verify that a customer meets requirements such as age…

Hester Peirce Wants Zero-Knowledge Proofs to Shrink Crypto's KYC Data Honeypots

SEC Commissioner Hester Peirce says zero-knowledge proofs could verify compliance facts while reducing the sensitive personal data firms repeatedly collect.

SEC's Hester Peirce wants to end crypto’s KYC honeypots before stablecoin rules create more of them

SEC's Hester Peirce says financial firms should verify customers without repeatedly collecting the information attackers keep targeting.

Is PII the only problem with KYC? \ stacker news

Hester Pierce's announced today that she was working toward zero-knowledge methods of satisfying KYC requirements. Removing the personally identifiable information part of KYC processes would be good as far as hacks go, but is that the only problem with KYC? The way it's used today has as much to do with source and destination of funds as it does with establishing identity. I'm curious then to ask, how would you feel about KYC if answers to the …