Topic
kyc
2 stories
Peirce, on her way out of the SEC, calls for scrapping the KYC "panopticon"
Departing SEC Commissioner Hester Peirce told a SIFMA conference that zero-knowledge proofs should replace bulk KYC data collection, which she called a hackable "panopticon" that endangers the people it aims to protect.
Revolut says attacker used a real government email domain to pry customer KYC and Bitcoin transaction data loose
Revolut says an attacker used a legitimate government agency email domain to submit fraudulent data requests, exposing affected customers' KYC documents and full transaction histories, including Bitcoin activity.