The nightmare of compliance for Virgo, cured by a privacy chain that 'understands EU rules'?
Azu had a phase where he particularly loved reading EU regulatory documents, but the more he read, the more overwhelmed he became: MiCA is a set of rules, MiFID II is a set of requirements, the DLT Pilot Regime and GDPR have to be layered on top, and for any RWA project, as soon as you ask, 'How do you implement these on-chain?' the scene turns into a collective silence. Most so-called 'privacy chains' either pretend not to see the regulation or only put a few compliance slogans on their official website; when it comes to the smart contract layer, it still follows the old path of 'doing it first and figuring it out later, filling in Excel afterward.'
What makes Dusk feel different is here: the white paper and documents explicitly mention keywords like MiCA, MiFID II, DLT Pilot Regime, and GDPR, treating identity and permissions, whitelists, information disclosure obligations, and asset lifecycle as programmable modules integrated into the protocol stack, rather than relying on offline processes as a 'safety net.' The issuer can directly define on-chain who can buy, how to buy, and what must be disclosed when; when regulators need to check, they can complete the audit path using the same ledger—privacy is not about resisting regulation, but rather helping regulators avoid pitfalls.
If one day, European RWA truly scales up, you will find that there are not many infrastructure options: there are only a handful of chains that require privacy, are auditable, and can speak the language of regulation. What Dusk aims to do is to be that foundational layer 'automatically written into compliance solution templates,' while $DUSK is the pass you must hold when entering and exiting this path.
