Australia’s draft rules bring ‘crypto’ under finance regulations
Australia is considering a new draft law that would tighten oversight of digital currency firms as the country pushes to establish itself as a global digital asset hub. The new framework requires exchanges to obtain financial services licenses and adhere to established industry standards.
In South Korea, the ruling Democratic Party has launched a new task force to spur the adoption of stablecoins and other digital assets.
Australia: Same risk, same regulations
