The relationship between regulation and blockchain is often compared to a "cat and mouse game"—one chases, the other hides. But after the emergence of Europe's MiCA, the entire situation has shifted. It's no longer about who can run faster, but about who can embed the rules directly into the system.

What Dusk has been doing over the past few years essentially revolves around this concept. It doesn't treat compliance as an optional feature that can be removed at any time; instead, it weaves it into the protocol itself from the very beginning. To put it simply, like building a house—while others add fire exits during the finishing stages, Dusk plans the escape routes right from the blueprint phase.

Looking at its zero-knowledge proof architecture makes this clear—it's not just for privacy protection, but more importantly, it allows regulators to verify audit trails without revealing sensitive data. This "verifiable compliance" logic reassures institutional clients, who no longer have to worry about being shut down due to lack of transparency.

Recently, I spoke with a Dutch asset management friend. They tested several blockchains and finally chose this one. When I asked why, his answer was straightforward: "Other chains require us to gather evidence like detectives and report it ourselves. With this, many reporting protocols are automatically generated, which cuts our legal team's workload in half."

The underlying logic is that it turns regulatory requirements into callable modules—counterparty verification, asset tracing, and so on can be used directly. Developers don't need to reinvent the wheel, and institutions save a lot of costs on customization when integrating.

Their upcoming DuskTrade platform is also worth paying attention to. There are many trading platforms out there, but almost none focus on tokenized securities with built-in privacy protection. This could change many people's perceptions that compliance and privacy must inevitably conflict.