StarkWare and Sui introduce compliance-ready confidential transfers

StarkWare launched STRK20, a privacy framework for ERC-20 tokens on Starknet that shields balances and transaction data while providing mechanisms for disclosure under certain circumstances. Eli Ben-Sasson, co‑founder and CEO of StarkWare, said "compliance-ready" does not mean STRK20 itself determines legal compliance or guarantees regulatory approval.

He described the framework as risk-based, with privacy conditional rather than absolute, screening applied at entry into the shielded pool and viewing-key-based disclosure available under lawful request. Sui introduced a public beta for confidential transfers that conceals transaction amounts while allowing authorized parties to access information when required for auditing or compliance purposes.

The launches reflect a broader shift in crypto privacy away from complete anonymity and toward models favored by institutions that incorporate audit and disclosure mechanisms. Privacy-focused projects have recently faced pressure to strengthen oversight and reliability.

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