Friday, September 22, 2023
TopCrytpoNews.com
Shop
No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Market & Analysis
  • Bitcoin
  • Altcoins
  • Dogecoin
  • Ethereum
  • Litecoin
  • Solana
TopCrytpoNews.com
No Result
View All Result
Home Blockchain

Abu Dhabi outlines blockchain and virtual assets strategy

Mikhailev by Mikhailev
August 26, 2022
in Blockchain
0
Abu Dhabi outlines blockchain and virtual assets strategy
Share on FacebookShare on Twitter


Abu Dhabi blockchain

Below the chairmanship of Mohamed Ali Al Shorafa, head of the Securities and Commodities Authority (SCA) and the Abu Dhabi Division of Financial Improvement (ADDED), the Abu Dhabi Blockchain and Digital Property Committee (ADBVAC) held its inaugural assembly to debate a method for blockchain and digital property.

The committee emphasised the importance of regulating blockchain and digital asset operations to stick to anti cash laundering/combatting the financing of terrorism (AML/CFT) with worldwide and native norms and rules and create an setting that’s secure, sound, and clear, which might assist foster confidence and draw extra companies to Abu Dhabi.

The committee was created to extend Abu Dhabi’s competitiveness within the blockchain and digital asset area, coordinate the efforts of entities concerned, talk with regulators, and promote trade contributors’ compliance with worldwide requirements and regulatory necessities, notably AML/CFT rules, whereas additionally fostering info sharing and finest practices.

The Abu Dhabi Blockchain and Digital Property Committee (ADBVAC) has outlined its technique to allow a secure, safe and clear digital ecosystem #inAbuDhabi, in compliance with world financial finest practices. pic.twitter.com/WXnsJtfFJN

— مكتب أبوظبي الإعلامي (@admediaoffice) August 25, 2022

To this finish, the ADBVAC is comprised of representatives of main entities and stakeholders energetic on this subject together with Dhaher bin Dhaher Al Mheiri, CEO of Abu Dhabi World Market (ADGM) Registration Authority, Wai Lum Kwok, senior govt director Authorisation at ADGM, Mohammed Kaissi, director of Strategic Tasks at ADQ, Faisal Al Hammadi, govt director Incubation at ADQ, Mohamed Jameel Al Ramahi , CEO of Masdar, Dr Nikolas Meitanis , advisor at Masdar CEO Workplace, Ibrahim Ajami, head of Ventures and Development at Mubadala, Abdulla Al Shamsi, director–common of Abu Dhabi Funding Workplace (ADIO), and Dr Maryam Buti Al Suwaidi, CEO of Securities and Commodities Authority (SCA).

Addressing the primary assembly, Al Shorafa stated: “The formation of Abu Dhabi’s Blockchain and Digital Property Committee displays our management farsighted imaginative and prescient and strategy, which enabled Abu Dhabi to nurture a supportive enterprise setting, unparalleled connectivity and infrastructure and an entrepreneurial mindset that presents buyers with progress alternatives.”

“The committee is bringing collectively all of the related stakeholders to construct a strong, credible, and complete regulatory and enterprise ecosystem that addresses key dangers and main governance points, equivalent to AML/CFT, investor safety, tech governance, and custody threat, to advertise blockchain and digital property.”

“This may permit us to capitalise on blockchain know-how and digital property to attain Abu Dhabi’s aspirations, and the precedence areas for this can be progress clusters together with agritech, fintech, healthcare and biopharma, power, tourism, and ICT as we purpose to foster companies in these sectors to increase and speed up”.





Source link

Related articles

Wormhole integrates native USDC transfers for four blockchain networks

Wormhole integrates native USDC transfers for four blockchain networks

September 20, 2023
Indian state governments spur blockchain adoption in public administration

Indian state governments spur blockchain adoption in public administration

September 19, 2023
Share76Tweet47

Related Posts

Wormhole integrates native USDC transfers for four blockchain networks

Wormhole integrates native USDC transfers for four blockchain networks

by Mikhailev
September 20, 2023
0

Wormhole has built-in Circle’s Cross-Chain Switch Protocol (CCTP), permitting USD Coin (USDC) to be transferred between Ethereum, Avalanche, Arbitrum and...

Indian state governments spur blockchain adoption in public administration

Indian state governments spur blockchain adoption in public administration

by Mikhailev
September 19, 2023
0

Ever since Bitcoin (BTC) popularized blockchain know-how worldwide, the tech has discovered its means into myriad processes, from finance to...

Decentralized sensors to combat noise pollution hit the blockchain

Decentralized sensors to combat noise pollution hit the blockchain

by Mikhailev
September 19, 2023
0

The Silencio community has over 35,000 smartphones working as noise sensors by way of the Peaq Community blockchain ecosystem in...

Bosch, EU and blockchain companies to build decentralized IoT: IAA Mobility

Bosch, EU and blockchain companies to build decentralized IoT: IAA Mobility

by Mikhailev
September 18, 2023
0

The engineering and know-how firm Bosch is on the head of a forthcoming, blockchain-based digital mobility mission with backing from...

Germany’s blockchain funding increases 3% amid market downturn: Report

Germany’s blockchain funding increases 3% amid market downturn: Report

by Mikhailev
September 15, 2023
0

Germany has reached an all-time excessive in world enterprise capital funding share in 2023 regardless of a decline within the...

Load More
  • Trending
  • Comments
  • Latest
Why ApeCoin is on track to be the next Dogecoin

Why ApeCoin is on track to be the next Dogecoin

May 13, 2022
Square Enix NFT And Blockchain Plans Laid Out In Annual Report

Square Enix NFT And Blockchain Plans Laid Out In Annual Report

May 13, 2022
Is Austin, Texas About to Lead the US in Blockchain, Crypto and Sustainability? With Mission 6, it Appears So

Is Austin, Texas About to Lead the US in Blockchain, Crypto and Sustainability? With Mission 6, it Appears So

May 13, 2022
Jack Dorsey Names Reason for Next Bitcoin Price Surge

438.4 Million Dogecoin Moved to Robinhood for Fee That Easily Beats Any Bank

May 22, 2022
Japan’s Nomura dives into cryptocurrency derivatives trading (NYSE:NMR)

Japan’s Nomura dives into cryptocurrency derivatives trading (NYSE:NMR)

0
Cryptocurrency Avalanche’s Price Increased More Than 8% Within 24 hours

Cryptocurrency Avalanche’s Price Increased More Than 8% Within 24 hours

0
Bitcoin & Cryptocurrency Take Massive Nose Dive

Bitcoin & Cryptocurrency Take Massive Nose Dive

0
Todd Snider talks life on the road making music ahead of Southern California dates – Daily News

Todd Snider talks life on the road making music ahead of Southern California dates – Daily News

0
Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains

Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains

September 22, 2023
ETH developer programs AI-generated memecoin AstroPepeX using ChatGPT

ETH developer programs AI-generated memecoin AstroPepeX using ChatGPT

September 22, 2023
Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run: Concordium founder

Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run: Concordium founder

September 22, 2023
Binance wallet spends almost $1M in ETH gas fees in one day

Binance wallet spends almost $1M in ETH gas fees in one day

September 22, 2023

Recent News

Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains

Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains

September 22, 2023
ETH developer programs AI-generated memecoin AstroPepeX using ChatGPT

ETH developer programs AI-generated memecoin AstroPepeX using ChatGPT

September 22, 2023
Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run: Concordium founder

Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run: Concordium founder

September 22, 2023

Categories

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market & Analysis
  • Solana

Follow Us

Tags

Avalanche bitcoin bitcoin price bitcoin price in india bitcoin price today Blockchain Blockchain Wire business Business news Cardano Crypto Crypto Coins CryptoCurrencies Cryptocurrency cryptocurrency news cryptocurrency price today crypto market crypto news crypto price in india crypto price today Culture DeFi Dogecoin Dogecoin price ETH Ethereum fintech FTX investing Litecoin Markets News NFT Opinion Ripple SEO Shiba shiba inu Shiba Inu Price SOL Solana solana price TECH Technical Analysis Technology
  • Contact Us

© 2022 Top Crypto News - All rights reserved.

No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Market & Analysis
  • Bitcoin
  • Altcoins
  • Dogecoin
  • Ethereum
  • Litecoin
  • Solana

© 2022 Top Crypto News - All rights reserved.