Patrick McCorry reports that the Bank for International Settlements is working with the Hong Kong Monetary Authority and Polytechnic University on zero-knowledge proofs to keep nearly all central bank transactions private while allowing selective disclosure for KYC and AML rules.

Law enforcement groups warn Clarity Act Section 604 creates oversight gaps, hindering probes into illicit crypto activity and weakening KYC/AML rules.

Binance's Noah Perlman discusses AI's role in crypto compliance, comparing exchanges and banks in exclusive interview by Henri Arslanian.