Just spoke with someone in the know about this. It seems that it will protect federated mints and sidechains, as well.
Discussion
That’s interesting, so it’s all about the mint, which makes sense now. I still wonder about KYC for peer to peer NFC and offline transactions. Is there a threshold like an amount total either in a wallet or per transaction where it’s required? Have you seen anything about this in the legislation coming down the pipeline? The more clarity the better for everyone. Thanks for working on these topics.