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The MENA Fintech Association, a leading organization dedicated to promoting financial technology innovation, has announced the establishment of its Digital Assets Working Group. This group aims to facilitate collaboration among industry stakeholders to drive the adoption and development of digital assets in the Middle East and North Africa (MENA) region.
With the increasing global interest in digital assets such as cryptocurrencies, stablecoins, and non-fungible tokens (NFTs), the MENA Fintech Association recognizes the importance of addressing regulatory, technical, and market challenges in the region. The Digital Assets Working Group will serve as a platform to advocate for favorable policies, educate stakeholders, and foster innovation in the digital assets space.
“The establishment of the Digital Assets Working Group is a significant milestone for the MENA Fintech Association as we strive to create an enabling environment for digital assets in the region,” said Sarah Ahmed, President of the MENA Fintech Association.
The working group will bring together experts, industry leaders, regulators, and technology providers to share insights, exchange best practices, and develop frameworks that promote responsible growth and consumer protection. It will collaborate closely with regulators and government entities to ensure a balanced and supportive regulatory framework for digital assets.
The Digital Assets Working Group will focus on various areas, including:
- Policy advocacy: Engaging with regulators and policymakers to shape favorable regulations that foster innovation while safeguarding against risks.
- Education and awareness: Conducting workshops, webinars, and educational campaigns to enhance knowledge and understanding of digital assets among market participants.
- Research and development: Supporting research initiatives and collaborating with academic institutions to explore the potential of digital assets and their impact on the financial industry.
- Market infrastructure: Collaborating with technology providers and financial institutions to develop robust infrastructure that enables seamless and secure digital asset transactions.
The MENA Fintech Association invites interested parties to join the Digital Assets Working Group and contribute to shaping the future of digital assets in the MENA region.