Crypto Conundrum: Aussie Treasurer Chalmers Pushes for Balance Between Regulation and Innovation
Australian Treasurer Jim Chalmers believes cryptocurrency can modernize the country’s financial system. RBA Governor Skeptical of Bitcoin Australian Treasurer Jim Chalmers says cryptocurrency can help modernize the country’s financial system and should not be hindered by excessive regulation. While acknowledging legitimate concerns about crypto’s use by criminals, Chalmers noted that Donald Trump’s re-election has prompted […]
Internal documents reveal Australia’s potential timeline for crypto legislation: Report
Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least. This post was originally published on this site
Australia bolsters crypto watchdogs in ‘multi-stage’ plan to fight scams
The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022.This post was originally published on this site
Australian ‘token mapping’ consultation paper to release in early 2023: Treasurer
The consultation paper will give an insight into how certain crypto assets should be regulated alongside frameworks for company licensing, asset custody and consumer protections under token mapping. This post was originally published on this site
Australia’s new government finally signals its crypto regulation stance
Australian Treasurer Jim Chalmers said that his government will improve the way Australia’s system manages crypto assets and provide greater protections for consumers. This post was originally published on this site