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Australian Lawmakers Push for Data Centre and Blockchain Regulation

2025-04-03
Australian Lawmakers Push for Data Centre and Blockchain Regulation
Daily Montanan

As concerns over energy consumption and reputation issues surrounding cryptocurrency and blockchain technology continue to grow, Australian legislators are proposing new bills to support data centers and regulate the use of blockchain. This move aims to address the environmental impact and security risks associated with these emerging technologies, while also promoting their potential benefits. With the rise of digital currencies and distributed ledger technology, the need for clear guidelines and regulations has become increasingly important. By legislating blockchain and supporting data centers, Australia can ensure a secure and sustainable future for these innovative technologies.

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