Stacks Asia DLT Foundation has officially registered as the first Bitcoin-based entity in Abu Dhabi Global Market, aiming to promote Bitcoin layer two developments across the Middle East and Asia.
The foundation intends to leverage ADGM’s DLT framework to foster partnerships, enhance educational initiatives, and advocate for Bitcoin in decentralized finance (DeFi) while positioning Hong Kong as an operational hub.
Currently, Bitcoin’s price stays at 93,810 USD, indicating a critical market stance. The trend demonstrates bullish conditions requiring careful monitoring as market participants prepare for potential moves.
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