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Establishing a **minimum** viable product was a significant challenge for the team. Regulators and governments around the world raised immediate concerns regarding compliance, anti-money laundering (AML), and data privacy. These regulatory hurdles were substantial enough that the project was eventually rebranded and scaled back from its original vision. The initial plan for a permissionless blockchain was abandoned in favor of a more controlled approach. This shift highlights the difficult reality of launching a global financial system within the current legal frameworks of sovereign nations.
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