The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has introduced the Distributed Ledger Technology (DLT) Foundations Regulations 2023. This framework addresses the needs of DLT Foundations and decentralized autonomous organizations (DAOs), aiming to enhance transparency and efficiency in the digital asset sector. ADGM’s effort to establish a regulatory framework is a notable development in fostering a more standardized and regulated environment in the blockchain and Web3 industry.