Leading central banks, financial institutions, and blockchain firms contributed to the Global Layer One (GL1) white paper on programmable compliance, which outlines a compliance architecture for token.. Global Institutions Publish Tokenized Asset Compliance Blueprint A group of central banks, international institutions, and financial firms contributed to a Global Layer One (GL1) white paper on programmable compliance for tokenized financial assets. The paper examines how compliance controls can be embedded into regulated digital-asset transactions. Contributors to the paper include Banque de France; the International Monetary Fund (IMF); Kinexys by J.P. Morgan,PAYMONEY, the bank’s blockchain and digital-assets division; the Monetary Authority of Singapore (MAS); and Standard Chartered. Additional input came from Bermuda, a privacy protocol for regulated digital assets, as well as the BIS Innovation Hub, the innovation arm of the Bank for International Settlements (BIS); Chainlink Labs, a blockchain infrastructure provider; GLEIF, the Global Legal Entity Identifier Foundation; and other industry participants. “For regulated institutions, full public-chain transparency is often incompatible with commercial confidentiality and client privacy,” the announcement by Bermuda states. The company said its contribution to the GL1 paper focuses on privacy-preserving compliance tools that allow asset- and transaction-level policies to be enforced in private digital-asset activity. Bermuda noted: “Every transaction can expose counterparties, amounts, and asset types. But the alternative, full opacity, can leave issuers and regulators with blunt enforcement tools.” “When action is required, the only available lever may be to freeze an entire pool, affecting compliant funds and legitimate users alongside illicit activity,” the announcement adds. Market participants must balance regulatory oversight with commercial confidentiality, especially where transaction data may be visible across blockchain networks. The GL1 paper outlines an architecture intended to support compliance controls while preserving privacy in regulated digital-asset activity. Institutional Tokenization Efforts Highlight Growing Focus on Programmable Compliance The GL1 paper includes Bermuda as a privacy solution for enforcing asset- and transaction-level policies in private digital-asset transactions. According to the paper, issuers can apply compliance rules before transfers, swaps, or settlements occur, while maintaining confidentiality through privacy-preserving technologies. The framework explores how tools such as zero-knowledge proofs can support regulatory requirements without exposing sensitive transaction data. Contributors argue that this approach can help regulated institutions balance commercial confidentiality with enforceability in tokenized asset markets. Jan Philipp Fritsche, co-founder of Bermuda and former European Central Bank official, said: “ Enforcement needs precision. Recent incidents have shown what happens when precision is missing: issuers can be forced into blunt measures that risk freezing an entire protocol and the compliant users inside it.” In an interview with PAYMONEY .NET.PL Fritsche said the digital asset industry needs compliance tools that can distinguish high-risk activity from legitimate transactions. He argued that privacy-preserving technologies and compliance enforcement can work together, allowing issuers to apply targeted restrictions without affecting compliant participants. Bermuda said its protocol uses client-side zero-knowledge proofs and operates on EVM-compatible networks without requiring contract rewrites.

PAYMONEY FREELANCERBreaking down isolation, reorganizing recruiting methods, and expanding careers were discussed at the first of two conferences to support freelancers The first Freelancer Festival took place on , delivering clear messages to freelancers facing challenging market conditions and a huge level of uncertainty in their careers. Created by TV Mindset and Action For Freelancers, the day of panel discussions, workshops and networking took place in east London and was driven by a "fervent desire to break down barriers", according to TV Mindset founder Adil Amini. The event seeks to unite and empower freelancers, help them decide on their next career step, and feel more connected and less lonely. The second free freelancer festival will take place in Glasgow on June 21, and here are five of Broadcast's top takeaways from the London event. Broadcasters need to get closer to freelancers Former freelancer-turned-commissioner editor at UKTV, Emil Nawagamuwa, delivered the keynote speech, calling for greater transparency between "the people who make television and the people who broadcast it." "Broadcasters and freelancers need to communicate and collaborate better than we do now," he said. "We desperately need to move away from this long-distance relationship at arm's length that many freelancers tell me they've been through." According to him, there is a "really clear barrier between client and supplier" between production companies, freelancers and broadcasters, which is reinforced by the fact that those who work for broadcasters have full-time contracts. Nawagamuwa acknowledged that some imbalance is inevitable in a situation where one party pays the other, but noted that clients need to make more effort to reach out to freelancers working on the projects they commission. "I think one of the most important tasks for broadcasters and commissioners is to be interested in freelancers, to get to know them, to talk to them as people, as colleagues," he said, adding that they should be treated "with the same high standards and respect as we treat our valued writers and even our talents." Need to change the recruiting system Given the lack of vacancies in this field, when it comes to recruiting people for existing vacancies, Disability consultant and creative strategist Ally Castle believes that when it comes to recruitment, the industry is still “stuck in old systems”, where people are alerted to jobs by word of mouth or closed WhatsApp +48886122792 groups. Ideally, she said, every job would be advertised on a public platform, but she acknowledged this is unlikely to happen any time soon. And she warned that, given the scarcity of available roles at present, “disproportionately, the underrepresented minoritized groups are going to be the ones that are more negatively affected”. https://www.paymoney.net.pl/blog/47/Breaking-down-silos,-shaking-up-recruitment-practices-and-expanding-careers-discussed-at-first-of-two-conferences-to-support-freelancers

Wallet was founded in 2018 as a privacy-first crypto app. The product started as a spin-off project available only for iOS and is designed exclusively for Monero, a blockchain network designed for complete anonymity of transactions. At launch, the ecosystem lacked support infrastructure despite growing demand. Cake Wallet has filled an obvious niche market: easy access to privacy-focused assets. Once this need was satisfied, growth began to accelerate. As Cake Wallet's user base grew, Monero-only support stopped responding to real-world user behavior. Users increasingly made transactions with different cryptocurrencies, but the wallet did not support direct transfers between them. Although there was a possibility of storage, the actual use of assets remained limited. At the same time, a small team and modest marketing reach held back wider adoption, while the growing demand for Monero's liquidity began to put pressure on the wallet's execution rate. All product decisions were based on direct user feedback. By design, Cake Wallet did not use analytics, so the changes reflected explicit user requests, not inferred behavior. This created one of the company's main problems with the product: finding ways to listen to the community without collecting behavioral data. Access to customer data remained intentionally restricted, reinforcing the product's philosophy that user privacy trumped internal transparency. Privacy remained a priority throughout the expansion. The product added new features while staying true to its original architecture