Hi there r/nanocurrency!
My colleagues and myself are releasing a line of FinTRAC/FinCEN compliant wrapped assets on the ethereum network to extend said assets use to Decentralized Finance protocols.
I saw that this was being worked on but eventually cancelled due to regulatory and liability uncertainty. We are in the process of becoming a register Money Service Buisness based in Canada. The assets we are building and the systems around them will be fully compliant with regulations so this is a non-issue for us.
Users will not be required to provide KYC/AML information for transactions under a certain amount as per FinTRAC/FinCEN reporting requirements.
I would love community feedback... is this something that would be used?