Abu Dhabi Sets Global Benchmark with Pioneering DLT Regulatory Framework for Blockchain and DAOs

Abu Dhabi Sets Global Benchmark with Pioneering DLT Regulatory Framework for Blockchain and DAOs



Abu Dhabi has launched an innovative regulatory framework for Distributed Ledger Technology (DLT), establishing a standard for blockchain and DAO operations that could be a model worldwide.



The Abu Dhabi Global Market (ADGM) has introduced the 2023 DLT Foundations Regulations, setting a groundbreaking legal framework for the governance of blockchain technologies and Decentralized Autonomous Organizations (DAOs). The ADGM's Registration Authority has declared that these rules will strengthen the blockchain and Web3 industries, positioning both the region and ADGM as leaders in the field of digital asset regulations.



Designed to tackle the unique challenges of the blockchain environment, the DLT Foundations Regulations facilitate the functioning and token issuance by DAOs and blockchain foundations. With these measures, the UAE has


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#AbuDhabi, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

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