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 Abu Dhabi pioneers DLT regulation for DAOs and Web3 innovations

Abu Dhabi pioneers DLT regulation for DAOs and Web3 innovations


Published: 2023-11-03


1. Abu Dhabi pioneers DLT regulation: In this article,the main focus is on Abu Dhabi's role in pioneering the regulation of Distributed Ledger Technology (DLT). The government of Abu Dhabi has recognized the potential of DLT and its ability to revolutionize various sectors,including finance and governance. The article mentions the establishment of the Abu Dhabi Global Market (ADGM),which has implemented a comprehensive regulatory framework for DLT-based activities. This regulation aims to provide a secure environment for businesses to harness the benefits of DLT while ensuring consumer protection and rigorous compliance standards are maintained.

2. DAOs and Web3 innovations: Another major topic highlighted in the article is the emerging concept of Decentralized Autonomous Organizations (DAOs) and the innovations associated with Web3 technology. The article discusses how DAOs are reshaping traditional organizational structures by eliminating the need for intermediaries and enabling decentralized decision-making processes. It also explores various use cases of DAOs,such as decentralized finance (DeFi) and governance systems. Additionally,the article highlights the potential of Web3 innovations,which leverage blockchain technology to create a more transparent,secure,and inclusive digital ecosystem.

3. Impact on economic growth and technological advancements: The third significant topic touched upon in the article is the potential impact of DLT regulation,DAOs,and Web3 innovations on economic growth and technological advancements. The article emphasizes how Abu Dhabi's proactive approach to DLT regulation has positioned it as a hub for blockchain-based businesses and research. It mentions the collaboration between ADGM and other international organizations to foster innovation and attract investments in this domain. Additionally,the article discusses the potential long-term benefits of embracing DLT,such as increased efficiency,reduced costs,and enhanced transparency in various industries,ultimately leading to economic growth and technological advancements. (Note: The descriptions provided for each topic are concise summaries based on the article. Actual word count for each topic may vary depending on the specific details provided by the reporter.)


Reference: cointelegraph.com

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(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,091.30 2,544,129,657.40
2 BTC title=BTC 64,000.00 2,157,625,367.69
3 ETH title=ETH 3,093.99 1,123,341,557.72
4 SOL title=SOL 156.97 822,978,785.23
5 PEPE title=PEPE <0.01 463,072,352.77
6 DOGE title=DOGE 0.16 336,837,277.74
7 XRP title=XRP 0.54 328,066,473.68
8 WIF title=WIF 3.29 314,231,804.13
9 BOME title=BOME 0.01 212,945,245.33
10 WLD title=WLD 6.13 201,223,469.68
11 ENA title=ENA 0.90 187,338,333.86
12 RNDR title=RNDR 10.41 150,502,814.35
13 NEAR title=NEAR 7.46 149,499,088.29
14 AVAX title=AVAX 37.06 113,293,961.47
15 BONK title=BONK <0.01 103,899,409.02
16 RUNE title=RUNE 5.38 99,745,701.01
17 FLOKI title=FLOKI <0.01 82,198,340.31
18 AR title=AR 40.04 67,173,095.37
19 ORDI title=ORDI 39.92 65,839,818.87
20 SUI title=SUI 1.12 65,080,278.15
21 ETHFI title=ETHFI 3.95 64,207,214.39
22 ARKM title=ARKM 2.67 62,948,199.28
23 MATIC title=MATIC 0.71 62,322,793.99
24 JTO title=JTO 3.73 56,619,346.34
25 FTM title=FTM 0.70 54,664,633.75
26 ADA title=ADA 0.45 51,397,107.34
27 LINK title=LINK 14.39 50,449,401.50

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Powerledger title=POWR 0.35 +11.37
2 Akropolis title=AKRO <0.01 +7.83
3 Voyager title=VGX 0.09 +5.76
4 Jito title=JTO 3.73 +5.28
5 Ethernity Chain title=ERN 4.86 +4.81
6 Render title=RNDR 10.41 +4.43
7 Solana title=SOL 156.97 +4.00
8 BasedSwap title=BSW 0.08 +3.20
9 BOOK OF MEME title=BOME 0.01 +3.04
10 Raydium title=RAY 1.78 +2.62
11 Arweave title=AR 40.04 +1.54
12 Enzyme title=MLN 23.27 +0.78
13 iExec RLC title=RLC 3.18 +0.54
14 NEAR Protocol title=NEAR 7.46 +0.53
15 IRISnet title=IRIS 0.03 +0.22
16 Polymesh title=POLYX 0.40 +0.08
17 Paris Saint-Germain Fan Token title=PSG 5.11 +0.06

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 REZ 0.15 -15.68
2 TerraClassicUSD title=USTC 0.02 -9.30
3 Dymension title=DYM 3.16 -8.78
4 Tensor title=TNSR 0.85 -8.62
5 Bittensor title=TAO 437.00 -8.41
6 QuarkChain title=QKC 0.01 -8.31
7 Saga title=SAGA 3.19 -8.14
8 W 0.64 -8.03
9 Starknet title=STRK 1.30 -7.90
10 Prom title=PROM 10.05 -7.79
11 Terra Luna Classic title=LUNC <0.01 -7.74
12 PlayDapp title=PDA 0.08 -7.66
13 Optimism title=OP 2.74 -7.62
14 Ethereum Name Service title=ENS 14.74 -7.47
15 xMoney title=UTK 0.08 -7.37
16 Pixels title=PIXEL 0.42 -7.36
17 Portal title=PORTAL 0.81 -7.33
18 Manta Network title=MANTA 1.75 -7.27
19 Ether.fi title=ETHFI 3.95 -7.26
20 Conflux title=CFX 0.22 -7.19
21 Hedera title=HBAR 0.11 -7.18
22 Polygon title=MATIC 0.71 -6.87
23 Shentu title=CTK 0.66 -6.82
24 Cats Of Sol title=COS 0.01 -6.81
25 Reserve Rights title=RSR <0.01 -6.81
26 Omni Network title=OMNI 18.16 -6.73
27 COMBO title=COMBO 0.68 -6.70
28 IoTeX title=IOTX 0.05 -6.62
29 Convex Finance title=CVX 2.36 -6.61
30 Metis title=METIS 59.41 -6.56

Bitcoin's Greed and Fear Index.

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68
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at news day date time
1 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
2 Consumer Credit m/m Tuesday 07-05-2024 20:00
3 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
4 Crude Oil Inventories Wednesday 08-05-2024 15:30
5 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
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8 Unemployment Claims Thursday 09-05-2024 13:30
9 Mortgage Delinquencies Thursday 09-05-2024 15:00
10 Natural Gas Storage Thursday 09-05-2024 15:30
11 30-y Bond Auction Thursday 09-05-2024 18:01
12 FOMC Member Daly Speaks Thursday 09-05-2024 19:00
13 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
14 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
15 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
16 FOMC Member Barr Speaks Friday 10-05-2024 18:30
17 Federal Budget Balance Friday 10-05-2024 19:00

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