Privacy coin projects inevitably face a difficult challenge—regulation.

The WAL project's solution is called "compliant privacy." It sounds a bit contradictory, but the core logic is clear: transactions are publicly visible by default, but users are offered optional privacy enhancement features. This is a practical response to increasingly strict KYC/AML requirements. The project has already brought in a team of professional blockchain compliance lawyers, and the front-end services have implemented IP access restrictions for key jurisdictions such as the US and China.

Furthermore, they are in talks with several licensed exchanges, planning to launch a customized token version—supporting only public trading modes.

Is this approach realistic? Certainly. But for early believers who are committed to absolute privacy, it might seem like a compromise. The real test lies ahead: how to gain legal status within the mainstream financial system without sacrificing technological features. How this balancing act is managed will directly determine how far the project can go. Regulatory changes remain the biggest uncertainty.