{"id":128109,"date":"2025-04-28T11:15:38","date_gmt":"2025-04-28T11:15:38","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128109"},"modified":"2025-04-28T11:15:38","modified_gmt":"2025-04-28T11:15:38","slug":"stacks-asia-expands-bitcoin-initiatives-with-abu-dhabi-partnership","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128109","title":{"rendered":"Stacks Asia expands Bitcoin initiatives with Abu Dhabi partnership"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives.<br \/>\nStacks Asia has partnered with the Abu Dhabi Global Market (ADGM) \u2014 one of the world\u2019s fastest-growing financial centers \u2014 in a move that could boost the adoption of its Bitcoin (BTC) layer-2 (L2) solution in the Middle East and Asia.<br \/>\nThe new partnership will play a \u201cpivotal role\u201d in shaping the future of Bitcoin\u2019s \u201cprogrammability and adoption\u201d in these regions through educational programs and support for Bitcoin builders, according to an April 28 announcement shared with Cointelegraph.<br \/>\nThrough the collaboration, Stacks and the ADGM aim to make it easier for institutions and investors to participate in the growing Bitcoin economy and help set \u201cnew standards for regulatory clarity and technical growth\u201d for the rising global Bitcoin capital, according to Kyle Ellicott, executive director at Stacks Asia DLT Foundation.<br \/>\nStacks Asia DLT partners with ADGM. Source: Stacks Asia DLT FoundationRelated: Crypto options desk QCP Capital wins Abu Dhabi license: Report<br \/>\n\u201cStacks and ADGM are a powerful combination for accelerating Bitcoin adoption across the Middle East and Asia,\u201d Ellicott told Cointelegraph, adding:<br \/>\n\u201cADGM has established itself as a world-class global financial hub at the heart of the United Arab Emirates, known as the \u2018Capitol of Capital,\u2019 where capital and innovation are brought together to shape the future financial landscape.\u201d<br \/>\n\u201cWe\u2019ll be working to enable the launch of educational programs, regional developer communities, and create opportunities for the real-world adoption of Bitcoin-powered applications,\u201d he said.<br \/>\nStarting in May, the foundation will host a series of live and virtual events to \u201cempower institutions\u201d with the knowledge to integrate Bitcoin into their operations and learn about the \u201copportunity of productive Bitcoin capital,\u201d Ellicott added.<br \/>\nRelated: Nomura crypto arm Laser Digital bags Abu Dhabi license<br \/>\nStacks Foundation pushing for a \u201cprogressive\u201d regulatory environment worldwide<br \/>\nAs the leading Bitcoin scalability solution, Stacks is also pushing for progressive global regulations that will cement Bitcoin\u2019s role in the future of the financial landscape.<br \/>\n\u201cWe\u2019re not just focused locally \u2014 our team is engaged in global conversations, advocating for frameworks that balance decentralization, security, innovation, and compliance surrounding the unlocking of Bitcoin capital,\u201d Ellicott said.<br \/>\nA key part of the strategy involves knowledge sharing with local regulatory bodies to build understanding among government officials about Bitcoin\u2019s characteristics and potential economic impact.<br \/>\nThe foundation is also developing the Bitcoin Capital Activation Framework, described as a comprehensive policy blueprint to help regulators enable Bitcoin utility in their jurisdictions.<br \/>\nThe Stacks Foundation will also launch the Bitcoin Policy Bridge in May, a working group uniting regulators from all key jurisdictions across the Middle East and Asia.<br \/>\nIn February, ADGM signed a memorandum of understanding with the Solana Foundation to advance the development of distributed ledger technology.<br \/>\nMagazine: Altcoin season to hit in Q2? Mantra\u2019s plan to win trust: Hodler\u2019s Digest, April 13 \u2013 19<a href=\"https:\/\/cointelegraph.com\/news\/stacks-asia-adgm-partnership-boosts-bitcoin-adoption-middle-east?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128109"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128109"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128109\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128109"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}