France | Publication | September 2023
In 2023, there are several major developments and breakthroughs in the hydrogen sector at both national and European level.
The announcement by the French government of a €4 billion financial package to support the production of renewable and low-carbon hydrogen, the adoption of the decree on the organization of the calls for projects, and the publication by the European Commission of the first bases for its pilot auction dedicated to the production of renewable hydrogen are essential steps towards increasing the quantities of carbon-free hydrogen produced in the European Union and the move to scale that the industry is calling for.
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On 29 November 2024, the first tranche of sweeping Australian privacy reforms under the Privacy and Other Legislation Amendment Bill 2024 (Cth) (Bill) passed both Houses of Parliament.
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A value-referenced crypto asset (VRCA, commonly known as a “stablecoin”) is a crypto asset designed to maintain a stable value over time by referencing the value of a fiat currency, such as the US dollar, or any other value or right, or a combination thereof. It can be used as a medium of exchange or as a store of value that is less volatile than other crypto assets.
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