Abu Dhabi securities exchange issues cryptocurrency thought paper

posted 7 days ago
Abi Dhabi Securities Exchange issued a paper on crypto and distributed ledger infrastructure. The “thought paper,” according to the $135 billion Bourse, identifies the technical and operational standards required to issue crypto-assets. It assists financial institutions that are undergoing a transition from conventional asset issuance to more encrypted asset issuance.

Rashed Al Blooshi, Chief Executive of ADX said “Financial market infrastructure plays a pivotal role in supporting crypto markets, offering investor protection, preventing market fragmentation, as well as making it possible for financial institutions to provide advanced services in the field of crypto-assets. At ADX, we embrace new and innovative technology and are always looking to capitalize on advancements in FinTech; particularly in crypto-assets to optimize the benefits we offer to our investors and stakeholders.”
Tags: bitcoin, blockchain, news