Australian Crypto Firms Support Draft Laws But Seek Clarity
he Treasury concluded its consultation period on Friday after receiving feedback from major industry participants.
Australia’s crypto industry has largely supported the government’s draft cryptocurrency legislation released last month, though exchanges have submitted consultation responses requesting additional clarity on key regulatory provisions. The Treasury concluded its consultation period on Friday after receiving feedback from major industry participants.
Caroline Bowler, former CEO of crypto exchange BTC Markets, stated the draft legislation leaves some critical questions unanswered. She emphasized that while the industry supports bringing structure to the digital asset sector, that structure must come with clear operational…
