1/ Real-world assets are moving on-chain, and can already be frozen, seized, or confiscated by regulators.

1/ Real-world assets are moving on-chain, and can already be frozen, seized, or confiscated by regulators. But there's no shared definition of what those actions legally mean. So we wrote a standard, now proposed to Ethereum as ERC-8319: the Regulatory Compliance Protocol. 🧵 2/ RCP isn't a glossary. It's one citable reference in five parts: a taxonomy of six regulatory actions, the legal effect of each (reversible? ownership? final?), the dynamics between them, 31 requirements from 15 regulators, and a map of how far today's standards meet them. 3/ Every definition in RCP rests on a model machine-checked in Isabelle/HOL, so the taxonomy stands on proof, not opinion. It gives the ecosystem a permanent, citable regulatory reference that standards and tools can build on. 4/ Co-authored with Horizen Labs (Robert Viglione) and Dan Spuller, EVP of Industry Affairs at the Blockchain Association, who brings deep regulatory-policy expertise. Industry and policy weight behind one shared standard. 5/ ERC-8319 has passed every check and is now under editor review. Feedback welcome before and during review 👇 Read the proposal: https://lnkd.in/gCPkciYu Discussion: https://lnkd.in/g5Wj_y69

• A new standard, ERC-8319 (Regulatory Compliance Protocol), has been proposed to Ethereum to define regulatory actions on tokenized real-world assets.
• The protocol provides a machine-checked taxonomy of regulatory actions, their legal effects, and requirements from various regulators.
• This initiative aims to create a shared, citable reference for the ecosystem, co-authored with industry policy experts.

Topics: Legal regulatory, Blockchain usage, Compliance, Securities law classification, Token standards programmability, Aml antimoneylaundering

Tags: #erc8319 #regulatorycomplianceprotocol #realworldassets #onchain #frozenassets #seizedassets #confiscatedassets #ethereum #blockchainassociation #horizenlabs

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