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TechKYC data is an irresistible honeypot for hackers, and we must change how it is collected

Coin Center’s Laz Pieper argues that privacy-preserving identity verification could let people prove only what a service needs to know while keeping the underlying information under their own control.

KYCprivacyidentity verification

CCoinDesk★★☆☆☆2026-09-09 13:02Original

KYC data is an irresistible honeypot for hackers, and we must change how it is collected
KYC data is an irresistible honeypot for hackers, and we must change how it is collectedTech