Comment from Opacity Labs, Inc.
Opacity Labs, Inc.SupportAdvocacy
Summary: Opacity Labs, Inc. supports the proposed rulemaking but urges FinCEN to provide explicit regulatory clarity regarding the use of decentralized, distributed networks for BSA and sanctions compliance. The company argues that the current lack of clarity hinders the adoption of innovative technologies like their "Verified Data Network," which they claim can improve security, efficiency, and real-time risk propagation for permitted payment stablecoin issuers.
Comment letter from Opacity Labs attached.