- Hedera has secured a pivotal alliance with the UK Cryptoasset Business Council (UKCBC).
- Other crypto firms that have joined UKCBC include Ripple and Coinbase (NASDAQ:COIN)
- Crypto market participants anticipate a potential positive impact on the HBAR token.
Hedera, the team behind the HBAR token, has secured a pivotal alliance that could positively impact its native asset. In a recent post on X, the Hedera team announced joining the UK Cryptoasset Business Council (UKCBC).
We are excited to announced that #Hedera has officially joined the UK Cryptoasset Business Council (UKCBC), joining the likes of @ArchaxEx, @coinbase, @Ripple, @Uniswap Labs, and other leading institutions to foster #web3 innovation and growth in the UK.https://t.co/xr4KnKLjWV pic.twitter.com/7nocj7UXXR— Hedera (@hedera) March 21, 2024
Hedera expressed excitement about officially joining UKCBC, considering the roster of prominent crypto-based tech firms that have previously joined the council. This includes crypto payment firm Ripple, U.S.-based exchange Coinbase, DEX platform Uniswap (UNI), and institutional crypto platform Archax.
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