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Crypto· Crypto Regulation

KYC data is an irresistible honeypot for hackers, and we must change how it is collected

Laz Pieper of Coin Center argues that the way firms collect Know Your Customer (KYC) data creates concentrated targets for hackers and needs to be rethought. He suggests privacy-preserving identity verification systems that let people prove only required attributes while retaining control over their underlying personal information.

about 1 hour ago

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