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[Ivan]

@RMCS

And about the “insider information”, not sure what you are referring to but Dfinity reached out to a lot of projects to do something with ckBTC. And if Toniq got somekind of special treatment, it was probably for promotion purposes (which i am not aware of).

You can read this proposal for more details on what we are describing. We will not be providing more examples because we do not want to waste our time at the moment doing free work , that is cleaning after DFINITY’s mess.

ckBTC and KYT Compliance

TLDR; Building off native Bitcoin integration, ckBTC has the potential to greatly expand Bitcoin’s functionality by allowing fast and cheap BTC transactions on the Internet Computer. The reality: Centralized entities classify bitcoin transactions and will reject, so called, “tainted” bitcoin. Without modification of the ckBTC system there is a risk of ckBTC users receiving bitcoin classified as “tainted”. A risk which we must address. The goal: maintain the fungibility of bitcoin and the user’…

We also know a few projects that do not want to touch ckBTC because Toniq is providing the API for KYT compliance