What Are the Specific Data Points a Verifiable Credential for AML/KYC Would Need to Contain to Satisfy Regulators?

To satisfy regulators, a verifiable credential for AML/KYC would likely need to attest to several key data points without necessarily revealing them. These include confirmation of the user's full legal name, date of birth, and residential address.

It would also need to certify that a risk assessment was performed, resulting in a risk score (e.g. low, medium, high). Additionally, it would need to include the name of the verifying institution and the date of verification.

The credential acts as a cryptographic seal of approval, proving these checks were completed by a trusted entity.