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chore(use-cases): audit private-fx - #212

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chore/private-fx-audit
Oct 26, 2026
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rymnc merged 1 commit into
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chore/private-fx-audit

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@rymnc rymnc commented Oct 26, 2026 •

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This pull request performs a factual audit and significant content update of the Private FX use case documentation. It adds up-to-date statistics, clarifies regulatory reporting requirements, and expands on industry context and recommended approaches for privacy-preserving FX settlement on blockchain. The most important changes are:

Content and Data Updates:

  • Updated the introduction in private-fx.md with current FX market size and stablecoin statistics, citing BIS sources.
  • Added context on the US dollar’s dominance, CLS PvP settlement, and Swift’s blockchain initiatives, with recent references.

Regulatory and Compliance Clarifications:

  • Expanded the regulatory reporting section to detail EMIR, MiFID II, Dodd-Frank, and US/EU spot FX practices, with direct links to legal sources.

Technical and Industry Recommendations:

  • Updated recommended approaches to specify privacy-preserving PvP via ERC-7573, and added cross-network settlement options and their recovery paths.
  • Refreshed market context and standards, referencing Swift’s tokenized-deposit pilot and clarifying the scope and limitations of ERC-7573.

Changelog:

  • Documented the factual audit and update of the Private FX entry in CHANGELOG.md.

@rymnc rymnc self-assigned this Oct 26, 2026
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rymnc marked this pull request as ready for review October 26, 2026 09:35
@rymnc
rymnc requested review from cygnusv and oskarth as code owners October 26, 2026 09:35
@rymnc
rymnc merged commit 0248198 into master Oct 26, 2026
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@rymnc
rymnc deleted the chore/private-fx-audit branch October 26, 2026 09:35
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