Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana News Today: Privacy Meets Compliance: How Solana Is Rewriting the Rules

Solana News Today: Privacy Meets Compliance: How Solana Is Rewriting the Rules

ainvest2025/08/28 08:09
By:Coin World

- Privacy Cash launches on Solana, offering private transfers compliant with OFAC standards via zero-knowledge proofs. - Over 10,000 private SOL transactions highlight demand for privacy tools balancing confidentiality and regulatory oversight. - Protocol integrates selective disclosure, AML/KYT systems, and aligns with post-Tornado Cash legal precedents for compliance. - Solana's privacy infrastructure (Token2022, confidential balances) supports institutional adoption by PayPal and asset tokenization. - G

Privacy Cash, a privacy-focused payment protocol, has officially launched on the Solana blockchain, offering private transfers comparable to Tornado Cash while adhering to OFAC (U.S. Treasury Department's Office of Foreign Assets Control) compliance standards. As of its launch, the protocol has completed over 10,000 private transactions in SOL, signaling strong demand for privacy tools that align with regulatory expectations [1]. The protocol leverages zero-knowledge proofs to maintain transaction privacy while ensuring verifiability. This approach allows for confidential balances that remain hidden yet auditable, a shift from full anonymity to a model of controlled confidentiality [2].

The launch of Privacy Cash represents a pivotal moment in the evolution of privacy protocols, which are increasingly integrating compliance directly into their design rather than operating in opposition to regulatory frameworks. Unlike older mixing services that were often shut down due to violations, Privacy Cash embeds regulatory oversight mechanisms such as selective disclosure and monitoring options for authorized parties. It also includes links to AML and KYT (Know-Your-Transaction) systems, reinforcing its commitment to a compliant framework [2]. The design of Privacy Cash aligns with recent legal developments, such as the March 2025 ruling where Tornado Cash sanctions were lifted. The courts determined that immutable smart contracts do not constitute traditional property, setting a precedent for privacy protocols that can remain within legal boundaries [2].

Solana has been strategically enhancing privacy capabilities through foundational upgrades, including the Token2022 standard and confidential balances, which provide core privacy features at the protocol layer. These tools have been adopted by major players like PayPal , which deployed its PYUSD stablecoin on Solana, indicating growing institutional confidence in the ecosystem [2]. Privacy Cash builds on this infrastructure by enabling selective transparency for auditors while maintaining user privacy. This model is not only scalable but also designed for long-term usability, distinguishing it from past privacy solutions that struggled with scalability and regulatory scrutiny.

The broader financial landscape supports the integration of privacy and compliance, with privacy regulations in countries such as Brazil, Singapore, and Thailand increasingly aligning with European GDPR standards. This harmonization creates a more unified legal environment for cross-border compliance. Major institutions such as BlackRock and Apollo have already begun tokenizing assets on Solana, embedding privacy features directly into the process. Meanwhile, German and Chinese Taiwan banks are adopting custody tools that include privacy safeguards, and companies like SpaceX are exploring Solana-based stablecoins for internal financial operations [2].

Privacy Cash’s emergence also highlights the role of advanced cryptographic techniques in strengthening user confidentiality. Technologies such as multi-party computation and threshold cryptography ensure that no single entity can compromise privacy. Additional layers of confidentiality and scalability are provided by projects like Arcium and Dust, which enhance the ecosystem's robustness. While regulatory landscapes can shift and smaller players may struggle with the complexity of these systems, Privacy Cash demonstrates that privacy protocols can scale effectively while remaining compliant. If this trend continues, Solana may emerge as a leading model for how privacy protocols can evolve into widely adopted infrastructure [2].

Source:

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

LRC -109.29% 24H Drop Amid Sharp Short-Term Volatility

- LRC plunged 109.29% in 24 hours on Aug 28, 2025, following a 1036.59% 30-day surge. - The 5347.04% annual drop highlights long-term bearish trends despite short-term volatility. - Technical indicators show oversold RSI and negative MACD divergence, signaling continued downward pressure. - A backtest using RSI/MACD strategies identified short-term reversal signals but failed to predict the 24-hour crash.

ainvest2025/08/28 13:43
LRC -109.29% 24H Drop Amid Sharp Short-Term Volatility

Cold Wallet's $6.8M Raise: A Paradigm Shift in Payment Crypto Adoption

- Cold Wallet raises $6.8M in presale, surpassing Litecoin and Dogecoin in utility and institutional appeal. - Its cashback rewards system incentivizes on-chain activity, creating a flywheel effect with tokenomics capping supply at 10B. - Security audits and Plus Wallet acquisition boost institutional credibility, contrasting with Litecoin/Dogecoin's lack of infrastructure. - Strategic tokenomics lock 90% presale tokens for three months, aligning incentives vs. infinite/limited supplies of Dogecoin/Litecoi

ainvest2025/08/28 13:39
Cold Wallet's $6.8M Raise: A Paradigm Shift in Payment Crypto Adoption

South Korean Lawmakers' Crypto Holdings Signal Institutional Confidence in Digital Assets

- South Korean lawmakers increasingly hold Bitcoin, XRP, and meme coins, signaling institutional confidence in crypto as personal investments influence policy. - 2025 regulatory reforms include leverage caps, stablecoin capital requirements, and alignment with EU MiCA to balance innovation and stability. - FSC plans KRW-backed stablecoins and Bitcoin ETFs by late 2025, aiming to attract institutional capital and reduce reliance on offshore tokens. - Risks persist from regulatory delays, fragmented infrastr

ainvest2025/08/28 13:39
South Korean Lawmakers' Crypto Holdings Signal Institutional Confidence in Digital Assets

Critical Price Levels and Market Sentiment in XRP, Bitcoin, and Ethereum: A Pathway to Strategic Entry or Exit

- XRP forms a symmetrical triangle near $3.00, with $25M daily institutional flows supporting potential breakout above $3.04 or retest of $2.89 support. - Bitcoin shows bullish EMA divergence and Fed-driven macro tailwinds, but faces critical resistance at $123,000 and risk of bearish pressure below $110,000. - Ethereum exhibits mixed signals: long-term bullish EMAs contrast with bearish MACD and RSI below 50, requiring $4,676 breakout confirmation for renewed upward momentum. - Strategic implications emph

ainvest2025/08/28 13:39
Critical Price Levels and Market Sentiment in XRP, Bitcoin, and Ethereum: A Pathway to Strategic Entry or Exit