Sources: The U.S. SEC plans to revise KYC requirements so that users can access tokenized securities on the chain with only one identity verification.

PANews reported on September 25 that The Rollup founder Andy tweeted that sources revealed that the U.S. SEC is preparing to revise KYC requirements so that users only need to perform KYC certification once to access tokenized securities on the chain. This move will enable composability between different on-chain trading venues and tokenized platforms, allowing users to utilize an identity system based on zero-knowledge proof (ZK) to split orders to multiple venues for execution, thereby completing larger transactions.

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