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European Banks Roll Out RL1 Cooperative Blockchain Network

Summary by coinstats.app
Ten European financial institutions have formed a new jointly owned blockchain cooperative called Regulated Layer One (RL1), positioning it as a permissioned network for tokenized assets and regulated market infrastructure. RL1 announced that it has been established as a European Cooperative Society in Luxembourg and has started operations with founding members including ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, …
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Crypto Briefing broke the news on Wednesday, July 29, 2026.
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