DSF, a non-profit organization based in Switzerland, has taken the initiative to launch the MiCA Alliance. This collaborative effort includes founding members like the Hedera Foundation, Ripple Foundation, and Aptos Foundation. The alliance's primary objective is to promote compliance with the European Union's Markets in Crypto Assets (MiCA) regulation, set to take effect in January 2023. The MiCA Alliance aims to foster sustainability within the cryptocurrency industry by establishing a framework for collaboration and knowledge sharing among its members. This alliance represents a significant step towards enhancing the regulatory landscape for crypto assets and fostering a positive and responsible ecosystem for the cryptocurrency industry.

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