The FATF recent nonbinding guidance for cryptocurrency activity really stirred the community especially the part about requiring banks to share any info if transferring more than $1k.
The community should rejoice in knowing that blockchain analytics firm CipherTrace and attestation platform Shyft are developing an proof-of-knowledge protocol which allows crypto service providers to share info without disclosing user identity!
This resembles something like a zero-knowledge proof which involves a smart contract platform shared between exchanges and other relevant crypto service companies. Pretty rad if you ask me!
Would love to know all of your thoughts?
https://bitcoinmagazine.com/articles/ciphertrace-shyft-team-id-protecting-solution-fatf-crypto-guidance
