“The Middle East, Africa and Asia Crypto and Blockchain Association will champion the sector across key markets” | National business

by Arthur · November 8, 2022

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–8. November 2022–

The launch of the MEA & Asia Crypto & Blockchain Association (MEAACBA) in Abu Dhabi is seen as a key step forward in the development of accessible, transparent and interoperable crypto-blockchain ecosystems.

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The Middle East, Africa and Asia Crypto & Blockchain Association will champion the sector across key markets (Photo: AETOSWire)

MEAACBA is a non-profit organization that has cross-industry representation with a focus on education, coordination and innovation for participants across the crypto and blockchain ecosystem.

Chairman, Jehanzeb Awan, said: “MEAACBA will bring the knowledge, connections and gravitas needed to create far-reaching benefits for this highly dynamic and exciting space. We are dedicated to educating the global community and helping all businesses succeed and thrive. This will be delivered by industry experts sharing knowledge through webinars, courses and events. The industry will benefit from the association as it provides a coordination mechanism between regulators, government agencies, banks, legal, tax and advisory firms to address the most pressing challenges.”

The association is supported by Abu Dhabi Global Market (ADGM), and ADGM Chairman Ahmed Jasim Al Zaabi commented: “Abu Dhabi and the UAE are leading the way in developing innovative and compliant crypto and blockchain businesses, demonstrating how these can be part of a progressive financial services sector. We are pleased to support the MEAACBA which will help develop this dynamic sector.”

MEAACBA membership is open to all companies and individuals across MEA and Asia involved in the blockchain and crypto ecosystem. This includes, but is not limited to, exchanges, custodians, consultancies, regulators, technology developers, digital asset traders and NFT/Metaverse firms.

Board Member Richard Teng, Binance Regional Head of MENA, said: “We have always said that good regulation is good for crypto, and bad regulation will be bad for the whole industry. That is why we welcome and want to be part of initiatives like MEAACBA which looks to solve the tough questions through collaboration and education. The best way forward for our industry is to be inclusive and to build trust with our users.”

www.meaacba.org