Breaking New Ground in Asia
Hong Kong-based startup Diginex has made headlines as the first digital financial services firm in Asia to join the illustrious Blockchain Alliance, spearheaded by the prestigious law firm Steptoe & Johnson. Founded to support the secure development of blockchain technology, the alliance has grown to include over 100 members spanning 19 countries.
The Alliance at a Glance
The Blockchain Alliance, co-founded in 2015 by the Chamber of Digital Commerce and Coin Center, showcases an impressive roster of participants, including major regulatory bodies like Interpol and Europol. Diginex’s recent announcement marks a significant step toward fostering a collaborative environment where the crypto and blockchain sectors can thrive alongside regulatory frameworks.
Why Joining Matters
Diginex CEO Richard Byworth believes that this partnership is pivotal in bridging the gap between blockchain innovators and government regulators. He stated, “We are delighted to be the first firm in Asia to join this strong forum of experts, where we intend to be a key voice in driving dialogue between law enforcement, regulators, and industry.” This sentiment highlights the necessity for an open line of communication to address the challenges faced by the blockchain community.
Membership Benefits
Being a part of such a notable alliance comes with its perks. Here are just a few:
- Insight into regulatory changes across different countries.
- Networking opportunities with industry leaders and government agencies.
- A platform to influence the conversation around blockchain regulation and best practices.
Diginex’s Broader Involvement
Diginex isn’t stopping here. This isn’t their first rodeo when it comes to industry collaboration. Prior to this alliance, they also joined the Global Digital Finance, which focuses on creating a global code of conduct for cryptocurrencies. Diginex is on a mission to pioneer best practices and set industry standards that will ensure the longevity and legitimacy of blockchain technology.
The Future of Blockchain in Asia
As Diginex merges onto the Nasdaq scene, the company’s move to align with the Blockchain Alliance signifies a promising future for blockchain in Asia. With a strong focus on regulatory compliance and government dialogue, the region may well become a leading hub for blockchain innovation.
