Yesterday, Japan’s Financial Services Agency (FSA) announced the launch of the Blockchain Governance Initiative Network (BGIN) to enable collaboration and dialogue between stakeholders.
The governance council will operate as an international body and is inviting others to join the open network. Initial contributors to the council are members of global financial associations, blockchain firms and academia.
The FSA said BGIN was formed under the guidelines set by Japan at the G20 on governance and regulatory frameworks for decentralized finance. The new governance council was revealed at the “BG2C – Special Online Broadcasting Panel Discussion”, organized by FSA and Nikkei.
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