Crypto exchanges and other digital asset platforms will be subject to existing Australian financial services laws, requiring them to provide efficient, honest and fair services while managing conflicts of interest under the watch of the corporate regulator.
The proposal, announced by Assistant Treasurer Stephen Jones on Monday, comes almost two years to the day that a similar model was backed by the Senate and as one-in-four Australians hold crypto in …
Want to know how this story ends?
Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.
Already a member? Log in here
Do you know more? Contact James Riley via Email.