Programmable compliance: Illicit finance is a national security issue, and lawmakers reasonably expect a new IFS to improve upon the compliance sophistication in TradFi, not jettison it entirely. The IFS must find a way to map rigorous anti-money laundering (AML) compliance in a programmatic, on-chain execution environment. Effectively, this means adopting programmable on-chain compliance, which can handle ongoing AML checks and differentiate between different laws by national origin.
