Some cryptocurrency products may be “fundamentally incompatible with the existing financial services regulatory framework”, according to Treasury, as it begins consulting on the government’s token mapping exercise. Treasury released...
Australia’s central bank could be given new powers to regulate digital wallets like Apple Pay, with the bank already looking to impose least cost routing requirements on providers for...
Liberal senator Andrew Bragg will introduce a private member’s bill to regulate cryptocurrency, warning the government is neglecting the groundwork of the last Parliament as more than a million...
The Australian Securities and Investments Commission must become a “digital savvy regulator” to tackle growing regulatory challenges including crypto assets and investment scams according to its chair Joseph Longo....
Australian Competition and Consumer Commission chair Gina Cass-Gottlieb highlighted the importance of collaboration in the fight against scams and outlined the regulator’s three-pronged approach to make Australia the world’s...
Last year, Australians lost more than $2 billion to scams according to the consumer and competition watchdog’s 12th annual Targeting scams report, with the threat of cryptocurrency investment scams...
The former head of the OECD’s blockchain policy centre says crypto regulation will arrive quickly in Australia over the next year and the industry must share their data with...
New competition tsar Gina Cass-Gottlieb has outlined her priorities in the role, with a commitment to enforce the Consumer Data Right and protect consumer interests in the financial services...
A “comprehensive legislative package” will be considered as the federal government continues to progress a series of reforms surrounding the regulation of cryptocurrency in Australia. Liberal Senator Andrew Bragg,...
Senator Andrew Bragg says the federal government needs greater discretionary powers in the regulation of cryptocurrency to increase oversight and speed up the introduction of new rules. Senator Bragg,...
Newsletter Signup
Subscribe to our newsletter for InnovationAus news delivered right to your inbox.