Australia's New Digital Asset Regulations
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australia unveils comprehensive digital asset regulations, establishing new categories for crypto exchanges and custody providers, and imposing strict rules akin to those for stock brokers or fund managers. This move aims to mitigate middleman risks and could potentially boost the tokenized markets, payments, and digital assets sector to up to twenty-four billion Australian dollars a year, positioning Australia as a global player in this space.
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