Cardano division will help Uzbek authorities develop regulation for security tokens



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Cardano division will help Uzbek authorities develop regulation for security tokens

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Founder of Cardano: the underlying idea of ​​bitcoin failed

The official commercial division of Cardano EMURGO Group announced the creation of a “blockchain task force” in conjunction with the National Project Management Agency (NAPU) of Uzbekistan, the Kobea Group and Infinity Blockchain Holdings. This is stated on the EMURGO blog.

As part of the partnership, EMURGO will help develop a regulatory framework for tokenized securities offerings (STOs) and further trade in security tokens in Central Asia.

In addition, EMURGO and the Kobea Group will advise NAPU on issues of digital asset trading, blockchain education and banking.

“Uzbekistan is more than ever ready to accept innovation. We are pleased to provide advisory services to the Government of Uzbekistan, to provide educational and academic services at universities in the country and to support the development of future specialists for building blockchain infrastructure, ”said Ken Kodama, CEO of EMURGO.

Earlier it became known that NAPU will launch a mining pool and a licensed bitcoin exchange.

Cardano division will help Uzbek authorities develop regulation for security tokens



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