IMF, JPMorgan, Central Banks Release GL1 White Paper on Programmable Compliance for Tokenized Assets

According to the Global Layer One (GL1) initiative, major financial institutions published a white paper on June 22, 2026, outlining a programmable compliance framework for regulated tokenized assets. Contributors include the International Monetary Fund (IMF), Banque de France, JPMorgan's Kinexys blockchain division, the Monetary Authority of Singapore (MAS), Standard Chartered, and other central banks and industry participants.

The framework proposes embedding compliance controls directly into digital-asset transactions through privacy-preserving technologies such as zero-knowledge proofs. According to the paper, issuers can enforce asset- and transaction-level policies before transfers or settlements occur while maintaining confidentiality. Bermuda, a privacy protocol for regulated digital assets, contributed to the effort, emphasizing that precision compliance tools allow targeted enforcement without freezing entire asset pools.