Deutsche Bank, a major financial institution, is developing its own purpose-built blockchain to address regulatory compliance issues encountered when working with public blockchain networks. The bank is aiming to reconcile the transparency of public ledgers with the discretion required in traditional finance. As blockchain technology moves from the margins to the mainstream, regulators are taking notice and implementing measures to monitor crypto-assets. The concept of "smart privacy" is emerging, allowing organizations and individuals to selectively disclose information on the blockchain while keeping other elements private. This approach aims to strike a balance between transparency and privacy, enabling legitimate business and personal privacy in the digital world. The crypto industry needs a regulatory framework that embraces targeted transparency and privacy-enhancing technologies to ensure secure and compliant operations.
Content Editor ( crypto.news )
- 2025-02-17
Regulatory compliance needs smart privacy | Opinion
