Project Pigeon Consortium launches an APAC working group focused on advancing governance standards for permissionless blockchains. The initiative is announced as a collaborative effort led by industry and legal stakeholders, with the stated goal of supporting safer innovation through clearer governance and risk-management expectations.
According to the announcement, the group aims to help develop or promote an industry standard risk-management framework. The partners named include Elliptic, the Digital Asset Association (DAA), the Responsible Fintech Institute (RFI), and Baker McKenzie Wong & Leow. The materials also reference support for “Group 1” crypto asset treatment, linking the work to how certain digital assets are categorised under relevant regulatory or compliance approaches.
The outlets provided repeat the same core description of the launch and its participants. No additional details on scope, timeline, or public deliverables are included in the supplied excerpts, nor are there contrasting perspectives on the initiative’s impact or reception.
