The Australian federal authorities is charging ahead with plans to control the digital asset sector on the alternate stage, and will quickly require cryptocurrency exchanges to carry a monetary companies license issued by the native monetary regulator.
Within the newly-unveiled “Regulating digital asset platforms” session paper, launched on Oct. 16, the Australian Treasury stated that the brand new regulatory framework goals to deal with client harms whereas nonetheless supporting innovation within the digital asset sector.
Proceed Studying on Coin Telegraph