Deliq Weekly News Update 1

Here’s is a list of last week’s interesting news in the crypto industry.

*American venture capitalist Tim Draper has urged India’s government to hasten their adoption of blockchain technology to increase administrative efficiency and foster transparency.

*Hong Kong Monetary Authority skeptical against algorithmic stable coins

* the Philippine Economic Zone Authority (PEZA) confirmed the spike in the number of investments in January, an 83.69% increase from the figures of January 26

*Dungeons & Dragons reverse decision on NFT ban following community uproar.

*Kazakhstan’s Senate proposes revisions to digital asset mining bill

*Marathon Digital Holdings Inc. (NASDAQ: MARA) is set to open a new block reward mining facility in Abu Dhabi worth over $400 million.

*BTC miner Hut 8 sues power supplier for breach of power purchase contract