Cardano-XRP partnership coming? A new entry into the Mica Crypto Alliance chosen by ripple has been announced
This page Cardano and natural XRP It could further their relationship following the announcement that the Cardano Foundation has joined the Mica Crypto Alliance. At that time, the organization unveiled an ADA-compliant white paper, which offered a more nuanced view of the ecosystem.
Cardano and XRP Deeven Ties as Foundation Joins Back-Based Organization
Ripple-backed The Mica Crypto Alliance announced that the Cardano Foundation joins this organization. The foundation joins the likes of ripple, Hedera, and aptos, who are already members of the organization. As part of this move, the Mica Crypto Alliance also announced that it has filed an ADA compliant white paper, a native token for The Cardano Network.
And why these things, the Mica Crypto Alliance noted that Compatible with mica ADA WHIWPAPERS is designed to support Crypto Asset trading platforms in fulfilling the obligations of meeting disclosure when public trading lists. In addition, it serves as a reference framework for token issuers who want to write their accompanying white papers.
The ripple-based organization is also planning to release a new white paper template Tokens are based on Cardano. The Mica Crypto Alliance said that the revised version will build on the original base template while harmonizing the template with the newly regulated technical standards (RTS) of Mica.
The organization also realized that the partnership with the Foundation shows that blockchain foundations, legal experts, and legal experts can work together to deliver high-quality, environmentally friendly services for the web3. The Cardano partnership indirectly strengthens the partnership between the ADA and XRP EcoSystems.
Before now, Charles Hoskinson He expressed plans to collaborate with ripple on other projects and possibly organize a conference with XRP stakeholders. He also confirmed that there are still plans to integrate Rupple’s Rluusd in Cardanoco. Meanwhile, plans are also in place for ADA-Native Crypto Wallet Lace to support XRP.
To promote the adoption of Ada in Europe
This page The Cardano Foundation’s The partnership with Mic Crypto Alliance is expected to boost Ada’s adoption in Europe. Notably, MiCA requires that a white paper be published on a crypto-asset listed for trading on the Crypto-asset trading platform (watermelon). As a result, with the proposed publication of a white paper in line with the ADA, many cats in Europe can be motivated to write down the Altcoin, increasing the visibility of the token.
Mica Crypto Alliance has announced that it will publish Ada white paper And Mika template updated soon as community resources to support mica implementation. Currently, The Cardano foundation said They are excited to join this organization and look forward to working with the Alliance to provide high-quality, sustainable web3 services for the web3 environment.
At the time of writing, the price of ADA is trading at $0.69, the highest in the last 24 hours, according to text from Coinmarketcap.
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