Thomas Daniels

Published On: 28/04/2025
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Dubai Enforces New Crypto Rule Mandating Risk Disclaimers
By Published On: 28/04/2025

In a strategic move to accelerate institutional Bitcoin adoption across the Middle East and Asia, the Stacks Asia DLT Foundation has partnered with Abu Dhabi Global Market (ADGM), one of the fastest-growing international financial centers. This collaboration positions Stacks Asia as the first Bitcoin-centric organization to establish an official foothold in the Middle East.

Announced on April 28, the partnership aims to foster Bitcoin’s programmability and adoption through targeted educational initiatives and comprehensive support for Bitcoin developers. By aligning with ADGM, Stacks Asia seeks to streamline institutional participation in the Bitcoin economy and set new benchmarks for regulatory transparency and technical advancement.

“Stacks and ADGM are a powerful combination for accelerating Bitcoin adoption across the Middle East and Asia,” stated Kyle Ellicott, Executive Director of Stacks Asia DLT Foundation. “ADGM’s reputation as a world-class financial hub — the ‘Capital of Capital’ — underscores the importance of this collaboration in shaping the future financial landscape.”

Starting in May, the foundation will roll out a series of live and virtual events designed to equip institutions with the knowledge necessary to integrate Bitcoin into their operations. The initiative will emphasize the growing opportunity around productive Bitcoin capital, a theme central to Stacks’ educational strategy.

Beyond regional efforts, Stacks Asia is advocating globally for progressive regulatory frameworks that foster decentralization, innovation, security, and compliance in the Bitcoin ecosystem. Central to this strategy is the Bitcoin Capital Activation Framework, a policy blueprint aimed at enabling governments to leverage Bitcoin’s economic potential.

Additionally, Stacks will launch the Bitcoin Policy Bridge this May, an initiative that will convene regulators from major Middle Eastern and Asian jurisdictions to foster greater understanding and cooperation.

This partnership follows ADGM’s recent memorandum of understanding with the Solana Foundation in February, signaling the regulator’s broader commitment to advancing distributed ledger technologies.

As Bitcoin’s institutional footprint continues to expand, the alliance between Stacks Asia and ADGM is poised to play a pivotal role in shaping the next chapter of global Bitcoin adoption.