Ethereum Zuri 2026

Implementing Privacy Pools on EBSI for Programmable Privacy & Compliance
2026-04-10 –, Glatt (Y22-F-68/70)

This presentation proposes to integrate an Institutional Trust Identity Framework (EBSI) with Privacy Pools to combine Customer Due Diligence (KYC/KYB) with transaction monitoring (KYT) as a comprehensive compliance tool supporting on-chain operations such as on-off ramp for payment settlement.


The talk will examines how Privacy Pools can effectively safeguard user privacy specifically by obscuring links between transaction participants without enabling illicit activities. It outlines technical architecture for anonymous European Blockchain Services Infrastructure (EBSI) transactions, a permissioned public network supported by the European Commission and the European Member States upon the receipt of cryptographic proofs confirming funds are not from illicit or sanctioned sources and customer verficiation. The integration utilizes EBSI’s decentralized framework and verifiable identity standards, leveraging zero-knowledge (ZK) proofs and W3C Verifiable Credentials to embed compliance checks such as AML and KYC into each transaction. Necessary infrastructure components, including node configuration, smart contracts, APIs, and data management protocols, are described to ensure alignment with GDPR and established security practices. Furthermore, the policy and market context is addressed, highlighting conformance with EU regulatory frameworks such as MiCA, the Sixth Anti-Money Laundering Directive (6AMLD), facilitating the implementation with Transfer of Runds regulation and data protection legislation and demonstrating how the solution advances key objectives under the Capital Markets Union (CMU) and Digital Finance Strategy.

See also: PP on EBSI Eugenio Reggianini (919.6 KB)

Eugenio Reggianini is an ISO expert at TC 307, he works with EU institutions, regulators, and industry to align decentralized identity, privacy-preserving infrastructure, and blockchain governance with emerging international standards.
Through extensive research on EBSI and its identity trust framework, he has developed a strong understanding of how verifiable credentials, zero-knowledge proofs, and data-minimal architectures can support high-assurance use cases. This foundation informs his current focus on institutional financial compliance including on-chain attestations for RWA markets, privacy-preserving onboarding, custody, and settlement flows.
Within the Ethereum community, he contributed to the Ethereum Enterprise Alliance in the past and continuously collaborates with builders across the ZK, identity, and account-abstraction stacks. His work spans modular proof systems, compliance-aligned AA modules, and GDPR-compatible data flows that connect institutional trust frameworks with Ethereum-native applications