Jehanzeb Awan, the founder of a global risk and compliance consulting company with a base in Dubai, will serve as the association’s president.
According to Cointelegraph, a brand-new blockchain and cryptocurrency-focused organization have been founded in the free economic zone of Abu Dhabi with the aim of fostering the growth of blockchain.
The Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA), which is controlled by its own set of civil and commercial rules, was formally established on November 8 in the Abu Dhabi Global Market (ADGM), a free economic zone in the city’s center, according to Cointelegraph. The zone was established to aid in the expansion of fintech businesses in the UAE (UAE).
The nonprofit organization will seek to promote regulatory solutions, generate business possibilities, and invest in education to encourage industry growth, according to its website.
Jehanzeb Awan, the founder of a global risk and compliance consulting company with a base in Dubai, will serve as the association’s president. Richard Teng, the regional leader of Binance for the Middle East and North Africa (MENA), Stuart Isted, the general manager of Crypto.com for the Middle East and Africa, and Ola Doudin, the CEO of BitOasis, a local cryptocurrency exchange, are all members of the group, according to Cointelegraph.
