Regulated Liability Network

Definition ∞ A Regulated Liability Network (RLN) is a conceptual framework for a shared ledger system where regulated financial institutions can issue tokenized liabilities, such as deposits or central bank money, and settle transactions. This network aims to provide a secure and efficient platform for wholesale payments and digital asset transfers within a controlled environment. It seeks to modernize financial market infrastructure.
Context ∞ The Regulated Liability Network is a topic of significant interest among central banks and major financial institutions exploring the future of money and payments, particularly for wholesale CBDCs and tokenized securities. Discussions focus on its potential to enhance interoperability, reduce settlement risk, and support new financial products. This must adhere to stringent regulatory and compliance standards.