Global Layer One and Chainlink Collaborate to Set New Standards for Digital Asset Compliance
Global Layer One (GL1), a consortium of regulators and financial institutions, has partnered with chainlink to implement its Automated Compliance Engine (ACE). The integration aims to establish interoperable standards for tokenized assets, including securities and stablecoins, across international markets.
Chainlink's Cross-Chain Identity (CCID) technology will enable verified transactions between blockchains while maintaining regulatory adherence. The initiative seeks to balance innovation with global compliance frameworks in tokenized finance.
This collaboration represents a significant step toward creating unified infrastructure for digital assets. By leveraging Chainlink's oracle network, GL1 intends to facilitate secure cross-border transactions of regulated crypto assets.
