Tag: Digital Assets

Treasury offers first look at crypto bill

Posted on   |  by Justin Hendry
Cryptocurrency exchanges will soon be covered by the same consumer protections that apply to banks and other financial services providers, with the Albanese government on Thursday unveiling draft legislation...

Govt plots review of FinTech sandbox as crypto plan unveiled

Posted on   |  by Justin Hendry
The Albanese government has committed to review Australia’s financial regulatory sandbox as part of a suite of reforms to regulate crypto exchanges and other digital asset platforms. The review,...

Andrew Charlton throws support behind blockchain reform

Posted on   |  by Brandon How
Blockchain and digital asset technologies should be a priority for government according to federal Labor rising star Andrew Charlton, who on Tuesday likened the potential prosperity gains that would...

Regulation finally coming for crypto exchanges

Posted on   |  by Joseph Brookes
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...

Bragg’s crypto bill rejected by Senate committee

Posted on   |  by Justin Hendry
A Senate committee has rejected legislation that would regulate cryptocurrency exchanges in Australia due to concerns over the operation of the reforms, despite supporting the consumer protections that such...

ASIC suspends FTX financial services licence

Posted on   |  by Brandon How
Beleaguered cryptocurrency exchange FTX has had the financial services licence of its Australian subsidiary suspended by the corporate watchdog after the company filed for bankruptcy. While the suspension runs...

Ransomware bill reintroduced by Coalition

Posted on   |  by Brandon How
Shadow home affairs minister Karen Andrews has reintroduced the former government’s ransomware bill without significant alterations and criticised the Albanese government for a lack of action on cybersecurity reform....

Bragg pushes govt on crypto reforms

Posted on   |  by Joseph Brookes
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...