Australian Government Moves to Regulate Crypto and Digital Assets theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Australia plans to protect people from cryptocurrency collapses by forcing the platforms to get a financial services licence, the government said Monday. If they are required to get a licence, digital asset platforms would be governed by Australian financial services law.
The industry has welcomed Michelle Levy s draft reform proposals, saying the consultation paper released today provides "a sensible roadmap" and a way forward.