Privacy Crypto Wallet Is Bringing Anonymous Payments to Stablecoins. Will Regulators Allow It?

Aztec Labs is bringing back zk.money, the privacy-focused, self-custodial Ethereum wallet it first launched in 2021 and shut down in 2023. The name is the same, but nothing from the old product has been carried over, including two deprecated contracts attackers drained for about $2.2 million each in June.

Inside the wallet, account balances and transaction details are not written to a public blockchain ledger. “Onchain transactions between two individuals shouldn’t mean publishing your financial history to the world,” said…