FinCEN Wants to Discuss zk-SNARKs to Keep Americans Safe

[Galaxy]

FinCEN is set to host a workshop on privacy-enhancing technologies and illicit finance. The US Financial Crimes Enforcement Network (FinCEN) will host a workshop this September on how to counter illegal activity encrypted by privacy tech. Crypto is top of the agenda.

FinCEN wants to address zero knowledge proofs, also known as zk-SNARKs. zk-SNARKs are a form of cryptography that are foundational to many of the crypto industry’s privacy coins—including ZCash. Source