SEC’s Hester Peirce wants to end crypto’s KYC honeypots before stablecoin rules create more of them
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce wants monetary companies to cease stockpiling buyer knowledge after breaches uncovered the price of obligatory identification assortment. This week, the SEC Commissioner called for wider use of reusable digital credentials that would set up information about clients with out requiring each monetary establishment to accumulate the…