JUST IN: 🇺🇸 SEC Commissioner Hester Peirce calls for an end to broad KYC data collection, warning it puts crypto users at risk of phishing attacks and even physical harm.

Peirce highlights how current KYC/AML systems create massive databases of sensitive personal information—ideal targets for hackers, leaks, and abuse.

She’s pushing for zero-knowledge proofs (ZK proofs), a privacy-preserving technology that enables regulatory compliance without exposing users’ identities. #CryptoPrivacy #ZKProofs #Regulation

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