Odaily Planet Daily News: Cryptocurrency venture capital firm Hashed’s subsidiary Hashed Open Finance has released a lightweight white paper proposing a new Layer1 blockchain concept called Maroo, aimed at serving the Korean Won (KRW) stablecoin economy.
Maroo is designed as a “sovereign blockchain” that balances the openness of public chains with financial regulatory compliance, emphasizing features such as auditability and privacy protection. Network transaction fees will be paid in KRW stablecoins to reduce volatility and increase user participation. Hashed Open Finance points out that existing public chains (like Ethereum) struggle to implement anti-money laundering (AML) and KYC mechanisms at the network level, and their highly transparent design may expose sensitive personal and corporate information.
To address this, Maroo introduces a “dual-track” architecture: an “open path” that allows free creation of wallets and transactions, and a “compliant path” that introduces identity verification and restrictions based on transaction scale or scenario. Additionally, its programmable compliance layer (PCL) can automatically perform quota and sanctions reviews during transactions and support updates in response to regulatory changes; a verifiable privacy framework enables selective disclosure of information under legal procedures. Furthermore, Maroo reserves AI integration capabilities for authenticating AI agents, managing their permissions, and setting expenditure limits.
Hashed CEO Simon Kim stated that stablecoins are becoming a vital part of global financial infrastructure. Maroo aims to explore a technically open path that complies with Korean regulations, respecting the local environment, and providing a testing ground for next-generation financial services for banks, financial institutions, and fintech companies.
The report notes that this plan aligns with South Korea’s push for KRW stablecoin legislation. Relevant rules are expected to be incorporated into the ongoing drafting of the “Basic Law on Digital Assets” and may be finalized in the first quarter of this year. (The Block)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Claude AI Predicts the Price of Bitcoin and Ethereum If the Middle East Conflict Escalates
The crypto market is currently in a challenging phase. A series of rallies have taken place, followed by a drop in price appreciation. This has led to a change in market sentiment. Traders are currently wondering whether the bottom is in place or whether prices will continue to fall.
The rall
CaptainAltcoin28m ago
ETH Co-founder Jeffrey Wilcke transfers nearly 80,000 ETH, worth $157 million
Gate News Report, on March 7th, on-chain analyst Ai Yi detected that ETH co-founder Jeffrey Wilcke transferred 79,258.61 ETH to a certain CEX from 4 addresses five minutes ago, worth $157 million. This address has been active again after 7 months. Currently, this address still holds 27,421.73 ETH, with a total value of $54.37 million.
GateNews3h ago
U.S. Ethereum Spot ETF experienced a net outflow of $23.5 million this week
Gate News Report, March 7, according to Farside monitoring data, U.S. Ethereum spot ETF has experienced a net outflow of $23.5 million this week.
GateNews4h ago
Citibank promotes "Bitcoin Banking": Striving to launch "Institutional-Grade Custody" and "Cross-Asset Collateral" services this year
Citigroup is pushing for the banking of Bitcoin, planning to deeply integrate it into the traditional financial system, with institutional-grade crypto custody services expected to launch in 2026. By simplifying Bitcoin transaction processes and reducing operational friction, Citigroup aims to attract more institutions to adopt digital assets further. Additionally, the bank is exploring the applications of stablecoins and blockchain deposit tokens, hoping to provide traditional financial institutions with more convenient ways to utilize capital.
区块客5h ago
