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ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator

February 16, 2024 by DIGIT
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Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that, in addition to allowing users to maintain control over their KYC data, […]

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Categories account verification, AML, daos, Decentralized finance (Defi), Interview, KYC, Privacy
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  • bitcoinBitcoin(BTC)$78,257.00-3.63%
  • ethereumEthereum(ETH)$2,373.80-6.15%
  • tetherTether(USDT)$1.000.05%
  • binancecoinBNB(BNB)$762.99-5.76%
  • rippleXRP(XRP)$1.62-0.96%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$102.94-5.52%
  • tronTRON(TRX)$0.285657-0.69%
  • staked-etherLido Staked Ether(STETH)$2,372.92-6.36%
  • dogecoinDogecoin(DOGE)$0.105574-1.18%