Cardano has announced that it will be joining Global Digital Finance in order to collaborate with major market players in forming comprehensive crypto regulation guidelines for multiple jurisdictions across the world.
Global Digital Finance, also known as GDF is a UK-based organization which aims to enforce a strict code of conduct across the world when it comes to the sale and distribution of digital tokens or the regulation of said digital tokens.
It also acts as a reviewer and a safety insurer, rating the websites and business models of its member companies and providing more transparency overall.
The GDF will be attending the upcoming Barcelona Trading Conference which will touch on some of the most pressing issues in the cryptocurrency sphere.
Cardano representatives are sure to collaborate in the formation of guidelines for global crypto regulation, which the organization will be presenting at the conference.
The involvement of major market players in such large organizations and the discussions about the legality of crypto distribution is always positive news.
Having representatives of Cardano suggest the best ways of enforcing and maintaining a crypto regulatory framework is sure to provide a whole slew of insight to governments currently unaware of the blockchain’s details.
Cardano is not only aiming to be a market maker, but also take part in forming legislation, which will most likely benefit the crypto industry, should their suggestions be realistic.