RATE Group | Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force
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Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force

20 Jan Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force

Posted at 18:25h in Cryptocurrency News by

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The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force to develop regulations for security token offerings (STOs) and exchanges (STXs).

In a Jan. 20 press release, Emurgo revealed its new cooperation with the Uzbek government and Kobea Group &  Infinity Blockchain Holdings — the official Technology Advisory Agency for Uzbekisitan’s Digital Economic Development Project — aimed at the development of a legal framework for STOs and STXs in Uzbekistan.

As part of the initiative, Emurgo and Kobea will provide advisory services regarding infrastructure for digital asset banking, blockchain education units and other issues.

Tokenization of traditional equities

Emurgo will also examine the potential for Cardano’s third-generation blockchain in the country and will also integrate its blockchain education platform into Uzbekistan’s national universities to train future blockchain experts.

By tokenizing…

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