Every story we've covered involving kyc-leaks.
Departing SEC Commissioner Hester Peirce told SIFMA’s Digital Assets Conference that current KYC/AML practices create large, vulnerable repositories of personal data that can be exploited, and urged adoption of cryptographic tools such as zero-knowledge proofs and attribute-based credentials to verify compliance without broad data collection. She warned that continuing to amass customer records risks turning financial systems into surveillance platforms while exposing people to phishing and physical attacks after recent KYC leaks.
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