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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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Chainlink releases ACE Compliance Engine, providing cross-chain compliance solutions.
Gate News bot message, PANews reported on June 30 that Chainlink officially launched the automated compliance engine (ACE) this Monday, according to Cointelegraph. This engine has built a modular and standardized framework for regulatory compliance management between TradFi and Decentralized Finance systems.
The ACE engine has multiple functions, including the creation of compliance-oriented digital assets and services on public and private blockchain networks, enabling the reuse of digital identities, executing automated strategies, supporting cross-chain digital asset settlement, and using regulated assets in DeFi.
According to Chainlink's announcement, ACE has currently opened early access to some institutions, expecting to release $1 trillion in new capital into the blockchain economy.