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The IOTA Foundation has partnered with Lukka to embed institutional-grade compliance tools like AML and KYC directly into its protocol layer. This integration aims to simplify onboarding for regulated entities and enhance IOTA’s appeal to institutional players. The move positions IOTA as a blockchain network ready to meet stringent regulatory demands.
- Lukka's integration brings AML, KYC, and transaction monitoring to IOTA's protocol layer, streamlining compliance for regulated entities.
- The partnership aligns with FATF Travel Rule and EU's MiCA framework, enhancing IOTA's institutional appeal.
- IOTA's ecosystem gains credibility for enterprise DeFi and asset tokenization, supported by Lukka's established financial sector clients.
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Other Tags: IOTA, BitPanda, Blockchain, DeFi, European Union, FATF, Financial Action Task Force (FATF), IOTA Foundation