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Australia Proposes Tighter Crypto Rules: Mandatory Licenses and Reviews

The Australian government is proposing licensing cryptocurrency trading platforms, along with tighter oversight of customers’ funds. A proposal released today (Monday) detailed that Aussie crypto exchanges would need to obtain a license from the local financial services regulator.New Crypto Rules in AustraliaStill, at a consultation stage, the Aussie government seeks feedback on its proposal until 1 December 2023. Consultation on the draft bill will continue next year.“Government is acting metho...
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Posted: Oct 16 2023, 06:29
Author Name: financemagnates
Views: 082516