As part of its compliance-focused efforts, Chainlink introduced the Automated Compliance Engine (ACE), a modular framework that embeds regulatory policies directly into smart contracts.
A key feature of ACE is the Cross-Chain Identity (CCID) framework, which allows users to reuse cryptographic proofs of KYC/AML credentials across platforms.
Chainlink Labs is now an official member of the U.S. Securities and Exchange Commission (SEC) Crypto Task Force in the effort to create industry-wide standards for the compliant creation and sale of tokenized assets.
The collaboration also involves such major players as ERC3643Org, Enterprise Ethereum Alliance, Etherealize, and LF Decentralized Trust.
Chainlink To Collaborate With SEC Crypto Task Force
The team is concentrating on the development of structures that can allow the tokenization of resources to be able to satisfy regulatory desires without constraints to international institutional adoption at scale. “For the blockchain industry t
