TASHKENT, Uzbekistan, — EMURGO Ptd. Ltd. – EMURGO – the official commercial arm of Cardano blockchain – announces the establishment of a blockchain task force with the National Agency of Project Management (NAPM) under the government of the Republic of Uzbekistan, and alongside advisors KOBEA Group & Infinity Blockchain Holdings, to lead the development of a legal framework for security token offerings (STOs) and exchanges (STXs) in the Republic of Uzbekistan. In addition, EMURGO & KOBEA will advise on infrastructure for digital asset banking & exchange, and blockchain education units, amongst others. EMURGO will provide advisory services to develop the framework and business units with the task force & mutually explore the potential for Cardano’s third-generation blockchain for infrastructure projects.

This strategic agreement aligns with EMURGO’s objectives to drive the adoption of Cardano & blockchain-based solutions and with the Republic of Uzbekistan’s objectives to usher in a digital economy development age with…

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Source: https://thebitcoinnews.com/emurgo-establishes-strategic-task-force-with-uzbekistan-government-to-develop-framework-for-security-token-offerings-exchanges/