SEC crypto task force searches for answers on anonymity and regulation
The U.S. Securities and Exchange Commission’s (SEC) newly created Crypto Task Force is hosting a series of roundtables in cities across the country to gather input from small teams and early-stage projects on how to regulate digital assets.
The stated goal is simple but politically charged: how can the U.S. reconcile the anonymity of crypto transactions with the anti-money laundering (AML) requirements that underpin the global financial system?
The answer may lie in a new generation of regulatory frameworks that use cryptographic proofs instead of raw personal data. Two proposals submitted to the task force, POLARIS 3.0 and the Modular Consent Mechanism, outline technical systems that are designed to square that…
