The United States Treasury Department recently releaser the first risk assessment report of decentralized finance (DeFi). One of the highlights is that Treasury supports industry solutions for
#defi
compliance, including ZK-proofs.
It happened: EU voted on crypto regulations.
This is indeed a great step which means that the blockchain space is being taken seriously. The legislation looks balanced and hopefully there will be more details released soon.
At
@swisstronik
we use zk-SNARKs, a proof construction where one can prove possession of certain information without revealing it and without any interaction between the prover and verifier.
Happy to see that our idea of compliance is so far in line with that of the Treasury.