Copy link
Increase text size
Decrease text size
Link copied

Crypto Valley Association joins International Digital Asset Exchange Association

Image: Crypto Valley Association (Twitter)

Mon, 14 Oct 2019, 06:56 am UTC

Crypto Valley Association (CVA), a government-supported Swiss blockchain and crypto advocacy group, has become the latest organisation to join the International Digital Asset Exchange Association (IDAXA).

IDAXA was established earlier this year when six national trade associations – Blockchain Australia, the Singapore Cryptocurrency and Blockchain Industry Association (ACCESS), Japan Blockchain Association (JBA), Korean Blockchain Association (KBCA), Hong Kong Blockchain Association (HKBA) and the Taiwan Parliamentary Coalition for Blockchain & Industry Self-Regulatory Organisation – signed a Memorandum of Understanding at the inaugural V20 Summit.

The V20 in Osaka, Japan was a two-day industry summit held on June 28 and 29 for the world’s leading Virtual Asset Service Providers (VASPs), held in parallel to the G20 Leaders Summit. The objective was to develop a clear roadmap to ensure full compliance with a new set of recommendations from the Financial Action Task Force (FATF) for the global regulation of crypto-asset transactions.

The V20 included representatives from bitFlyer, Coinbase, Circle, Deloitte, SBI Group, Huobi, Kraken, Rakuten Wallet, BitMEX and many others.

One of the primary goals of IDAXA is to liaise with relevant government agencies and international bodies to create consistent international regulation, policy and national legislation in relation to crypto asset commerce. It also aims to improve digital asset financial literacy, prevent fraud and financial crime, and improving the global access to digital asset services, among others.

Christine Gschwend, Head of CVA's VASP/AML Task Force, noted the “leadership role” of IDAXA to represent the voice of the DLT community towards regulators and allowing fintech firms of any size to participate in developing industry standards.

"We look forward to connecting our members to the wider crypto community through joint collaboration on a number of topics,” CVA's Executive Director, Alexander Shell, added.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $9,938.88 (+2.65%)
  • Ethereum (ETH) $278.87 (+8.11%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $414.21 (+2.92%)
  • Bitcoin SV (BSV) $306.35 (-0.18%)
  • Bitcoin (BTC) $9,938.88 (+2.65%)
Feb 18, 2020 (Tuesday)
Enjin’s game development platform goes live on ethereum
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Boerse Stuttgart's blocknox to offer crypto custody services to institutional clients
Crypto derivatives exchange Deribit lists daily ether options
UEFA EURO 2020 tickets to be distributed using blockchain-based ticketing system
South Korean and Singaporean crypto exchanges partner to develop new services
Russian central bank completes blockchain tokenization pilot in its regulatory sandbox
Crypto Technicals: ETH/USD retraces brief dip below 200H MA, close above 5-DMA to see upside resumption
Crypto exchange FCoin likely to default after up to $130M bitcoin shortfall
France-based Lagardère Sports partners with blockchain-based fan engagement platform Chiliz
Binance launches cloud solution to simplify launching cryptocurrency exchanges
Crypto Technicals: BTC/USD hovers around 21-EMA (9690), potential 'Golden Cross' limits downside
Telecom giants jointly test blockchain solution for automating roaming discount agreements
Feb 17, 2020 (Monday)
Fullerton Markets adds support for cryptocurrency deposits and withdrawals
Crypto asset custodian Copper raises $8M in Series A round
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
CFTC sues Colorado resident with fraud in crypto-related Ponzi scheme
Crypto Technicals: ETH/USD slips below 5-DMA, 'Golden Cross' to limit downside
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.