ASEAN Blockchain Consortium To Foster Blockchain Technology Adoption
A memorandum of understanding for ASEAN Blockchain Consortium, or ABC is spearheaded by Blockchain Association Singapore, or BAS.
The ABC will promote cross-border blockchain technology in Southeast Asian countries and Australia.
It will also establish crypto compliance and regulation as well as awareness of the blockchain technology.
Founding members of the ABC are BAS, Blockchain Australia, Distributed Ledger Technology Association of the Philippines, Malaysia’s Labuan International Business and Financial Center, Thailand Digital Asset Operators Trade Association, and Asosiasi Blockchain Indonesia.
This new initiative will help in further promoting cryptocurrency adoption.
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