Reportedly, Hong Kong has recently shifted its focus towards becoming a centre for cryptocurrency with the subtle approval of Beijing. This also follows the PBoC's halting of interest rate hikes.Continue Reading
The Australian government has announced plans to regulate crypto assets to safeguard consumer interests, including revising licensing and custody rules. It has also issued a consultation paper to determine which aspects of the crypto industry need further regulation.Continue Reading
The Bitcoin Mining Council (BMC) has released the results of its Q4 2022 survey, which revealed that the hashrate of its member companies increased by 45% compared to the previous year. Additionally, the survey found that the percentage of sustainable power used by the members of the BMC rose by 1% over the same period.Continue Reading
The National Australia Bank (NAB) has developed a stablecoin, the AUDN, which will seek to allow its business customers to conduct real-time transactions using Australian dollars through blockchain technology.Continue Reading
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