Bragg said the Labor government had put regulating crypto in the slow lane.
by opposition senator Andrew Bragg, recommending instead that the government"continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia."is along party lines. Bragg, who represents New South Wales, criticized the rejection, saying the Labor government had"put regulating crypto in the slow lane."
The committee said the bill lacked detail and certainty and was at odds with the government's approach. The bill was"not congruent with international regimes" and caused"genuine concern for regulatory arbitrage and adverse outcomes to the industry," it said.
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