The need to self-regulate blockchain


Hway said lots of investors keen on blockchain technology are focusing their attention on South-East Asia.

Instead of waiting for the ­government to impose ­regulations on blockchain usage, players in the industry should start a ­conversation on self-regulation, said the Australian Digital Commerce Association (ADCA).

ADCA CEO Nicholas Giurietto said when blockchain technology started becoming prominent in 2016, the Australian government was concerned it could be used for money laundering or ­financing terrorism.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Science & Technology , blockchain

   

Next In Tech News

AI is a game changer for students with disabilities. Schools are still learning to harness it
Iran restores access to WhatsApp and Google Play after they were banned amid protests
OpenAI unveils artificial intelligence that can 'reason' through math and science problems
Court orders recall of Signify lighting products over patents, Seoul Semiconductor says
Telegram and WeChat first to initiate licensing to operate in Malaysia
Japan Airlines delays flights after cyberattack
Japan airlines experiencing issues due to cyberattack
The war on wildfires is going high-tech
Opinion: Why I’m getting rid of my smartwatch
How smartphones powered the AI boom in 2024

Others Also Read