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MaryLand Blockchain Association

The Purpose of the DARA Task Forces

The Digital Asset Regulatory Authority (DARA) is an industry self-regulation initiative created by the Blockchain Legal Institute Foundation, a 501(c)(3) non-profit, to foster collaboration and enhance standards in the digital asset space.

DARA orchestrates the self-regulation activities of a diverse ecosystem that includes exchanges, token issuance platforms, blockchain technologies, crypto mining operations, and market makers — fostering a self-regulatory organization built on transparency and integrity while promoting innovation.

DARAs Global Task Forces — spanning Asia, Latin America, the UK & Europe, and Africa — exist to:

Provide precise, consistent regulatory guidance to empower companies within the cryptocurrency sector to prosper.

Create a secure environment where entrepreneurs and consumers can engage with the digital economy with confidence.

Enhance consumer protection through robust safeguards against fraud and public education on the safe use of cryptocurrencies.

Promote industry collaboration to address shared challenges and capitalize on emerging opportunities.

Support research and technological innovation, from international application-development events to close partnership with legal professionals.

Strengthen international cooperation and harmonize global cryptocurrency regulations across legal systems.

Regional task forces are led by regional coordinators, including Dr. Sylvester Okere, CIPM II, FIIM, MCI (African Task Force) and Wayne Mercel (Latin America Task Force), among others introduced during the DARA Global Task Force Round Tables at this years Bootcamp.

Learn more: dara.foundation

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