Crypto to Benefit from Queensland’s AU$8.3 Million Innovation Fund

The Queensland government is stepping up efforts to put the country in the lead in the global race on blockchain and cryptocurrency.
The state, with nearly five million people, has announced an investment plan of AUS$8.3 million (US$6.14 million) to boost innovation, including the distributed ledger technology ecosystem there.
Queensland, Australia Funds Cryptocurrency Startups to Scale-Up Operations
Seventy teams of innovative entrepreneurs have been chosen to absorb the public funding from Que