Recently, I came across a project that has found an interesting balance between privacy and compliance. It's called Dusk, and its core selling point is the ability to achieve "trustworthy confidential finance"—sounds like a paradox, but it's not.

The key lies in flexibility. When required by law, users and institutions can selectively disclose transaction information to authorized regulatory agencies or auditors. This sounds simple, but what does it mean? It means privacy is no longer an all-or-nothing choice.

What are the benefits of this design? It directly adapts to regulated financial frameworks like MiFID II and MiCA. This is especially attractive to institutional investors—meeting regulatory requirements without completely sacrificing privacy protection. It creates a third path between traditional encryption solutions and fully transparent financial systems.

In plain terms, it achieves privacy through design, maintaining transparency when necessary. It neither sacrifices security nor bypasses compliance. For crypto projects aiming to enter the mainstream, this approach is definitely worth paying attention to.