The alliance will focus on strengthening regulatory advocacy, sharing of protocols and best practices, creating market access as well as promoting educational initiatives.
Licenced crypto exchanges across Asean — namely Singapore’s Coinhako, the Philippines’ Coins.ph, Indonesia’s Indodax and Thailand’s Bitkub — have announced the formation of Digital Asset Exchange Alliance (DAEA).
DAEA aims to promote and advance the adoption of digital assets while adhering to the highest industry standards.
