Australian Government Says It Is Working to Ensure 'Regulation of Crypto Assets Protects Consumers'
To achieve these goals, the Aussie government said it plans to “reform the licensing and custody of crypto assets.” Special emphasis will be given to a subset of cryptocurrencies “that currently fall outside the financial services regulatory framework,” the government said.issued on Feb. 3, the Anthony Norman Albanese-led government said it also intends to subject crypto asset service providers to what it calls “a set of obligations and operational standards.
A consultation paper released today explores in detail which elements of the crypto ecosystem are sufficiently regulated and which require additional attention. This will enable the Government and stakeholders to focus on regulatory gaps and ensure that emerging risks are identified and controlled.
Their desire is perfectly logical
Bitcoin News Maximum whale already sold Btc in top Price 24k+ but they are acting like That they have still hold btc.. be careful BTC will Big dump.. soon
BlockchainAUS Australia is too regulation focused and asic will just scare off all crypto innovative companies in the end I think
Regulation is a scam. It's control disguised as protection.
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Bitcoin. Maximum whale already sold Btc in top Price but they acting like That they have still hold btc.. be careful btc big will dump.. soon
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Australia might become a centre of crypto industry in the future
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