GBBC
An industry-led standard for the non-financial risks of blockchain infrastructure — built so regulated financial institutions can safely adopt public networks.
The framework
As blockchain infrastructure moves into the regulated core of capital markets, there has been no shared lens for assessing — and mitigating — its non-financial risks. The RMF closes that gap.
A cross-sector working group—comprising financial-market infrastructures, global systemically important banks, multilateral development banks, and leading Layer-1 protocol teams—has collaborated to provide a common reference rooted in their practical experience of managing risks in blockchain implementations and to provide an overview of how the new technology can be incorporated into established risk-management frameworks.
Three phases
Each phase opens for public consultation, incorporates feedback, then ships as a working reference.
The foundational framework: a global, risk-based assessment and proposed mitigation path for non-financial risks of public Layer-1 networks, designed to plug into existing risk-management frameworks at regulated financial institutions.
Extends the RMF to Layer-2 infrastructure risks today, with application-layer risks for stablecoins, deposit tokens, tokenized bank deposits, and digital asset securities coming for public consultation in Q2 2026.
Extends RMF coverage to native crypto assets and remaining on-chain digital payment instruments, completing the risk lens across the full blockchain stack.
First cohort
RAPs translate the RMF into deployable solutions — from zero-trust infrastructure to compliance monitoring and ranking tools — so financial institutions can move from framework to implementation.
Compliance-grade tokenization tooling — translating RMF controls into ready-to-implement workflows for issuers and institutions.
Zero-trust wallet and key-management infrastructure that operationalizes RMF custody and access-control mitigations.
Computational regulatory logic for on-chain transactions — mapping RMF controls into pre-trade and post-trade compliance checks.
Institutional-grade market and reference data, ratings, and indices that quantify the market-risk dimensions inside the RMF.
Continuous blockchain monitoring, scoring, and incident response that turns RMF infrastructure controls into live, observable signals.
Who's behind the RMF
Frequently asked
Get involved
Contribute to future phases, join as a Risk Assessment Partner, or share feedback during public consultation.
For Phase 2 / Phase 3 participation, RAP applications, and public-consultation comments.