Huma Finance's Compliance Breakthrough - How to Bridge DeFi and Traditional Finance?
In the context of tightening regulations, Huma Finance builds a compliant DeFi ecosystem through three major innovations:
1. Smart KYC System
- Uses $HUMA staking proof instead of traditional identity verification
- Dynamic risk assessment model (transactions less than $1000 exempt from verification)
2. Dual-layer Anti-Money Laundering Framework
- First layer: On-chain behavior analysis (in partnership with Elliptic)
- Second layer: Manual review of large transactions (response time less than 30 minutes)
3. Tax-friendly Design
- Automatically generates transaction reports (supports PDF/Excel formats)
- Withholding tax feature (optional tax rate 10-30%)
Latest Progress: Has obtained Singapore PSA license and is applying for EU EMI license @Huma Finance 🟣 #HumaFinance $HUMA