Monday, February 6, 2023
No Result
View All Result
Globe NewsWire
Advertisement
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle
No Result
View All Result
Globe NewsWire
No Result
View All Result
Home News Middle East

Abu Dhabi to Launch Blockchain, Digital Property Technique

by Globe NewsWire
August 26, 2022
in Middle East
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter


The Abu Dhabi Blockchain and Digital Property Committee (ADBVAC) held its first assembly, below the chairmanship of Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Division of Financial Growth (ADDED) and Chairman Securities and Commodities Authority (SCA), to debate technique for blockchain and digital property, which is aligned with the Emirates financial technique.

The committee emphasised the significance of regulating blockchain and digital asset actions to adjust to Anti Cash Laundering/Combating the Financing of Terrorism (AML/CFT) worldwide and native guidelines and rules and to make an ecosystem that’s secure, sound, and clear, which can assist construct belief and appeal to extra firms to Abu Dhabi.

The committee has been established to enhance Abu Dhabi’s competitiveness within the blockchain and digital asset area, coordinate efforts of entities lively within the trade, liaison with regulators, and promote compliance of trade members with world requirements and regulatory necessities, significantly AML/CFT rules, and assist trade of knowledge and greatest practices.

To this finish, the Abu Dhabi Blockchain and Digital Property Committee contains representatives of main entities and stakeholders lively on this discipline together with Dhaher bin Dhaher Al Mheiri, CEO of Abu Dhabi World Market (ADGM) Registration Authority; Wai Lum Kwok, Senior Government Director Authorisation at ADGM; Mohammed Kaissi, Director of Strategic Tasks at ADQ; Faisal Al Hammadi, Government 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, Mohamed Ali Al Shorafa mentioned, “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 atmosphere, 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, reminiscent of AML/CFT, investor safety, tech governance, and custody danger, to advertise blockchain and digital property.

“This may permit us to capitalise on blockchain expertise and digital property to realize Abu Dhabi’s aspirations. The precedence areas for this shall be progress clusters together with AgriTech, FinTech, Healthcare and Biopharma, Power, Tourism, and ICT as we goal to foster companies in these sectors to broaden and speed up.”



Source link

Tags: AbuAssetsBlockchainDhabilaunchStrategyVirtual
Previous Post

Russia says station assault was on Ukrainian army goal

Next Post

Myanmar Arrests Vicky Bowman, Former British Ambassador

Related Posts

Middle East

Israeli Raid Kills at Least 5 Palestinians in West Financial institution

by Globe NewsWire
February 6, 2023
Middle East

Iran Proclaims Amnesty, however It Could Not Spare Many Protesters

by Globe NewsWire
February 5, 2023
Middle East

seventeenth Discussion board of UAE ambassadors, representatives of missions overseas begins tomorrow – Information – World

by Globe NewsWire
February 6, 2023
Middle East

Modi Baiter Trinamool Spokesperson Saket Gokhale Is In ED Web

by Globe NewsWire
February 5, 2023
Middle East

Israelis And Palestinians Do What They Do Greatest, However For Flawed Causes

by Globe NewsWire
February 6, 2023
Next Post

Myanmar Arrests Vicky Bowman, Former British Ambassador

Dentsu sees ‘large aggressive benefit’ in offshoring 10,000 jobs | Promoting

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Entertainment
  • Europe
  • Fashion and Lifestyle
  • Gossips
  • Health
  • Middle East
  • Politics
  • Sports
  • Technology
  • Travel
  • USA

Browse by Tags

Asia Biden Black Business Canberra China City Court COVID Cup Day Dead death Dies Diplomat Election Free home House killed Life Man News NPR People Police POLITICO President Radio Russia Russian Shooting South time Times top Trump Twitter U.S Ukraine war win World Year years
Globe NewsWire

Get the latest news and follow the coverage of breaking news, local news, national, politics, and more from the top trusted sources.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Entertainment
  • Europe
  • Fashion and Lifestyle
  • Gossips
  • Health
  • Middle East
  • Politics
  • Sports
  • Technology
  • Travel
  • USA

LATEST UPDATES

  • Rising star Samara Pleasure wins Grammys for Finest New Artist, Finest Jazz Vocal Album
  • Liz Truss interview: 5 key issues to be careful for
  • Avalanches kill a minimum of 9, together with a youngster, in Italy and Austria as heavy snow hits the Alps
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Globe NewsWire.
Globe NewsWire is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle

Copyright © 2022 Globe NewsWire.
Globe NewsWire is not responsible for the content of external sites.