Curious your thoughts
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Discussion
I think you've done a great job mapping out the landscape and dilemma for mint operators. One recent development which may help clarify the regulatory situation in the longer term is the NUT-22 Blind Authentication Token.
This allows a mint operator to restrict use of the mint to authorized people... this allows, for example, a mint to KYC people at the on/off ramps, but keep privacy at the level of in-mint transactions.
This would be much like a bank only issuing and redeeming notes to depositors they know, but not knowing the movement of the cash otherwise.
Nice, that could be a useful basis for cooperation with some of the more reputable regulators out there. I'm thinking of putting together an Intro to Cashu deck for a few of the more promising regulators in Asia to test the response in person, if you know of anyone else doing the same please let me know, happy to coordinate.
🎯💪💪