Stacks Asia expands Bitcoin initiatives with Abu Dhabi partnership
The Stacks Asia DLT Foundation has partnered with the Abu Dhabi Global Market (ADGM) to enhance institutional Bitcoin adoption in the Middle East and Asia. This marks the first official presence of a Bitcoin organization in the region, with the aim of facilitating educational programs for institutions to better understand and utilize Bitcoin. The partnership is expected to set new standards for regulatory clarity while fostering technical growth in the Bitcoin economy. Beginning in May, there will be a series of events designed to empower institutions in integrating Bitcoin into their operations. Stacks Asia also advocates for a progressive regulatory environment, engaging with local regulatory bodies to promote understanding of Bitcoin's economic potential. Additionally, they are developing a Bitcoin Capital Activation Framework to aid regulators in enabling Bitcoin utility. This initiative underscores the role of Stacks as a leading Bitcoin scalability solution, with an emphasis on global discussions surrounding Bitcoin regulation and innovation.
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