The Association of National Numbering Agencies has launched a task force to address digital asset labelings across financial markets.
Announced Wednesday, the new task force will consider appropriate International Securities Identification Numbers employed by the International Organisation for Standardisation, an international body which promotes standardizations across global enterprises.
The task force will investigate digital asset labels for cryptocurrencies, tokens, and blockchain technology as it intersects with financial markets, the association said.
While most crypto exchanges use a standardized set of ticker symbols, there are some discrepancies that will need to be overcome if traditional financial exchanges are to eventually deal with digital assets.
"With digital assets emerging as a new investment class, the availability of quality, standardised reference data will serve as the foundation for a trusted token market This evaluation process on digital assets is an important part of that journey."
Securities Numbering Body Launches Task Force to Standardize Digital Assets
gepubliceerd op Oct 23, 2019
by Coindesk | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.