UK Crypto Asset Business Council Welcomes Hedera Hashgraph. 🔥💯
In a strategic move to bolster its presence in the UK's thriving crypto ecosystem, Hedera Hashgraph, the driving force behind the HBAR token, has recently announced its membership in the UK Cryptoasset Business Council (UKCBC). This significant step places Hedera alongside industry giants like Ripple and Coinbase, underlining its dedication to innovation and consumer protection.
Despite the announcement, the HBAR token experienced a minor 4.15% decline in the past 24 hours, echoing broader market fluctuations influenced by Bitcoin. However, HBAR has demonstrated resilience, with a remarkable growth trajectory since November, soaring by 123% to hit a yearly peak price of $0.1339.
While HBAR still trails its 2021 all-time high, its alliance with the UKCBC lays the groundwork for potential growth and collaboration within the industry.
🔹About Hedera Hashgraph
Hedera Hashgraph offers an efficient, enterprise-level public network tailored to the decentralized economy, addressing shortcomings of older blockchain-based platforms. With its sustainable approach and efficient system, Hedera has emerged as a trailblazer in the competitive cryptocurrency landscape, advocating innovation and robust policies.
Hedera Hashgraph’s inclusion in the UKCBC marks a strategic move to expand its influence in the crypto space and foster collaboration within the industry. Despite short-term market fluctuations, HBAR exhibits resilience, signaling potential for future growth and advancement in the emerging bull market.
