Australian Government Reconsiders Crypto Laws
The Australian government is re-examining the topic of cryptocurrency regulations. Although the nation has been on the frontline in establishing some of the standards of digital assets, recent events in the country and abroad have prompted policymakers to reconsider whether the existing framework remains in the best interest of businesses, consumers, and the economy at large. The re-emerging debate is not an indicator of the system being weak, but an acknowledgement that technology is still changing at a faster pace than laws.
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