LONDON, Aug 25 — Tags for identifying bitcoin, ethereum and other crypto assets will be launched in September in the latest sign of how the fast growing, unregulated market is adopting the hallmarks of mainstream investing.
The new digital token identifiers or DTIs will be registered at the DTI Foundation, a not-for-profit unit of Etrading Software, a fintech company that provides market infrastructure. At that time the DTI registry will formally issue identifiers for the 100 most important crypto assets and tokens which represent more than 80 per cent of the current crypto market and include bitcoin, ethereum, Dogecoin and Ripple, Danesh said.
“We absolutely see there will be regulatory mandate for reporting of digital assets and that’s driven by just the size of the digital market, which now cannot be ignored by regulators,” Danesh said.