Categories: CryptoNews

Auctus joining Melonport led MAMA regulatory initiative and entering further partnerships

Auctus, the world’s first retirement plan platform with traditional and cryptocurrency assets, was approved as member of MAMA (Multichain Asset Managers Association) earlier this week and will be working with a consortium of leading finance and technology groups, including Credit Suisse, Bitcoin Suisse, Consensys, Ethfinex and 0x to help shape the regulatory framework for this new industry.

Disclosure: This is a Sponsored Article

The goal of MAMA is to shape and lobby for new regulations, promote industry best practices wherever there’s no clear regulations and provide research and education to the industry and its participants.

Mona El Isa, Co-Founder and CEO of Melonport

stated “MAM technology has developed to the point where we can see the cusp of it transforming the infrastructure of our global financial system.”

Related Post

Eric Paley, employee benefits partner at

Nixon Peabody LLP in New York and Auctus Advisory Board Member said: “Joining MAMA is a crucial step in being at the forefront of industry regulation. Auctus, as the world’s first smart contract-powered retirement plan platform, needs to pioneer best practices, take a leadership role, and proactively engage with policy makers and regulatory bodies around the world.”

Besides MAMA, Auctus entered several partnerships and working relationships over the past months. Notably with Ripio Credit Network

, Aragon, 0x protocol, Amadeus and Symetrics.

Auctus will conduct a token sale by end of Q1 2018 (date to be announced) and has recently opened its mandatory whitelist.

Link to whitelist: https://auctus.org/tokensale/

Guest

The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

Share
Published by
Guest
Tags: Auctus

Recent Posts

BTC ATH Close After Major Bullish Move, Top Analyst Still Thinks ALGT is a Better Choice

In the constantly fluctuating cryptocurrency market, Bitcoin (BTC) has stolen the spotlight with a dramatic…

1 hour ago

Why it may be the best time to buy AAVE and Raboo (RABT), as Polygon and KSM both go up

The battle for the top altcoins is heating up in March 2024, with Polygon’s native…

3 hours ago

BTC ATH Close After Major Bullish Move, Top Analyst Still Thinks ALGT is a Better Choice

In the constantly fluctuating cryptocurrency market, Bitcoin (BTC) has stolen the spotlight with a dramatic…

7 hours ago

Fidelity Pursues Ethereum ETF Despite Potential SEC Hurdles

Fidelity Investments has taken a bold step in the cryptocurrency market by submitting a Form…

9 hours ago

Dogecoin Surges To New Heights Amidst Memecoin Frenzy

In an unexpected turn of events, Dogecoin, the beloved dog-themed memecoin, has skyrocketed to its…

9 hours ago

AGIX Token Unlock Boosts JasmyCoin Surge: BDAG Sold 4000+ Miners

BlockDAG Flies High with 4100 Home Miners Sold! AGIX Token Unlock Causes Frenzy! Jasmycoin Witnessing…

22 hours ago