# Panel | Sanctions, the Travel Rule and Liability in Stablecoin Systems

- Channel: [Stable Summit](https://streameth.org/stable_summit)
- Date: 2026-07-09
- Duration: 35:48
- Watch: https://streameth.org/watch/yt-ZSPRdVFsaNE
- YouTube: https://www.youtube.com/watch?v=ZSPRdVFsaNE

## Description

Panel | Sanctions, the Travel Rule and Liability in Stablecoin Systems

Compliance in stablecoin systems doesn't have a single point of control. That makes liability complicated.

In this panel, Eric Hill (Private Proof of Innocence Protocol), Linda Jeng (Aave Labs), Matthias Hauser (Bermuda), Anna Tse (Laser Digital), and Dom Zagara (former NYDFS, Moderator) examine how sanctions screening, AML and Travel Rule requirements operate across stablecoin flows where no single entity controls the full transaction path.

The discussion covers:
• How sanctions screening and AML monitoring work across multi-chain, multi-wallet stablecoin flows
• Who bears liability when Travel Rule requirements are not met end-to-end
• How issuer-side enforcement actions — freezes, blacklists and clawbacks — create downstream risk for intermediaries
• Whether compliant private transactions are achievable and what privacy-preserving protocols must demonstrate to regulators

A practitioner-level look at compliance liability in stablecoin infrastructure.

Stable Summit IV
New York City · 4 June 2026

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