Australia Mandates Licensing for Crypto Exchanges in New Regulatory Push
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Crypto platforms in Australia will soon need a financial services license to operate, as the government tables a new regulatory bill.
The legislation, a key part of the government’s crypto roadmap, brings digital asset providers under the same oversight as traditional finance.
While the industry has backed the move for providing much-needed structure, it has also urged the government to simplify the final rules.
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