Hello, an interesting read, thanks.
Can you post some references to the content, please?
An exercise - under which type fall HIVE and HBD and why?
@tipu curate
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Hello, an interesting read, thanks.
Can you post some references to the content, please?
An exercise - under which type fall HIVE and HBD and why?
@tipu curate
Thank you for the comment. 👍
Sure thing:
https://treasury.gov.au/consultation/c2023-341659
https://cointelegraph.com/news/australia-introduces-crypto-assets-classification
For HIVE I see it under "crypto asset services". We got a lot: Lending, tokens, token trading, staking, delegation, gambling, memes.
To name a few.
HBD would likely fall under the category of "Intermediated crypto assets". As HBD is pegged to 1 USD worth of Hive, it could be considered a form of intermediated crypto asset.
However, it's important to note that the article is just a proposal for a taxonomy and may not reflect the final classification by the Australian regulators.
Thank you for the answer. I need to check how this proposal relates to MICA document.
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