Blockchains are becoming the global settlement layer for finance, offering instant settlement, 24/7 access, and unprecedented composability. But they’re transparent by default, which presents a host of regulatory and operational issues for institutions looking to bring assets onchain. But privacy solutions like Tornado Cash demonstrate the risks of privacy protocols without compliance safeguards.

With this in mind, Inco and Predicate have collaborated on a comprehensive report, offering the industry's first comprehensive framework for evaluating how privacy protocols balance confidentiality with compliance.