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Cardano Foundation Joins Swiss CMTA. ADA Tests $0.20

Reported by Samantha Diamo, DailyCoin

Image: DailyCoin

The Cardano Foundation has joined Switzerland’s Capital Markets and Technology Association, and the group has recognized Cardano’s CIP-0113 programmable token standard as equivalent to its own CMTAT framework for certifying tokenized shares. The move advances regulated securities tokenization on the network at the same time ADA trades in a clear bearish structure and tests the $0.182 area. Swiss Standards Body Welcomes Cardano The Foundation announced membership in CMTA on October 29. CMTA is the Swiss industry association that develops practical standards for issuing and managing securities on distributed ledgers.

This is an excerpt. The reporting belongs to DailyCoin.

Read the full report on dailycoin.com
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