Stacks Asia expands Bitcoin initiatives with Abu Dhabi partnership

Summary

The Stacks Asia DLT Foundation has established its first official presence in the Middle East to promote institutional Bitcoin adoption through educational initiatives. A partnership with the Abu Dhabi Global Market (ADGM) aims to enhance the adoption of Stacks' Bitcoin layer-2 solution in the region. This collaboration will focus on educational programs and support for Bitcoin developers, facilitating institutional participation in the Bitcoin economy and setting standards for regulatory clarity. Starting in May, the foundation will host events to educate institutions on integrating Bitcoin into their operations. Stacks is advocating for progressive global regulations to solidify Bitcoin's role in finance and is developing a Bitcoin Capital Activation Framework for regulators. Additionally, the foundation will launch the Bitcoin Policy Bridge in May to connect regulators across the Middle East and Asia.

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