The Hedera team announced via X on Friday that it has officially joined the UK Cryptoasset Business Council (UKCBC). The company now joins the likes of Archax, Coinbase, Ripple, and Uniswap Labs to foster web3 innovation and growth in the UK.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.1115 at press time, up by 3% over the last 24 hours.