CoinDesk (@CoinDesk): INSIGHT: SEC Commissioner Hester Peirce calls for a rethink of KYC and AML oversight.
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INSIGHT: SEC Commissioner Hester Peirce calls for a rethink of KYC and AML oversight. She argues the "more data, the better" approach creates haystacks too big to find needles, and that zero-knowledge proofs could verify compliance without exposing personal data.