# Digital Asset Association

Type: Company

Source: GetYourBrief — https://getyourbrief.com/entity/digital-asset-association
Canonical HTML page: https://getyourbrief.com/entity/digital-asset-association

## Timeline

- **2026-08-13**: Project Pigeon working group announced — Elliptic, DAA, RFI and Baker McKenzie announce APAC working group for permissionless blockchain governance.
- **2026-04**: MAS launches consultation paper — Monetary Authority of Singapore publishes consultation on prudential treatment of crypto assets on permissionless blockchains.

## Recent coverage (3 stories, network-wide)

### Project Pigeon's 4 Risk Pillars Aim to Shape APAC Crypto Legal Standards
2026-08-13 06:35:34 · Sector: legal · Sentiment: Positive · Impact: 6/10 · Sources: 2

Law firm Baker McKenzie and industry bodies are building a four-pillar governance framework for permissionless blockchains, directly responding to MAS's April 2026 consultation. The initiative could set de facto legal and compliance benchmarks for crypto asset treatment across the region.
Full story: https://getlegalbrief.com/story/project-pigeon-4-risk-pillars-legal-crypto-governance

### 4 Risk Pillars Target Group 1 Crypto Capital Treatment for APAC Banks
2026-08-13 06:35:27 · Sector: finance · Sentiment: Positive · Impact: 6/10 · Sources: 2

Banks and financial institutions across APAC may gain a standardized risk framework to secure Group 1 treatment for crypto assets on permissionless blockchains. Project Pigeon's four-pillar structure could lower capital and compliance uncertainty for tokenized assets.
Full story: https://getfinancebrief.com/story/project-pigeon-4-pillars-group1-crypto-capital-apac

### Project Pigeon's 4-Pillar Governance Push Makes Public Chains Bank-Ready
2026-08-13 06:35:18 · Sector: crypto · Sentiment: Positive · Impact: 6/10 · Sources: 2

Crypto-native firms, exchanges, and banks are joining a four-pillar governance initiative to define what compliant permissionless blockchain infrastructure looks like in APAC. Success could dramatically expand institutional access to public networks.
Full story: https://getcryptobrief.com/story/project-pigeon-governance-permissionless-blockchains-crypto

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