Australia Unveils Crypto Regulation Plan Ahead of Tight Election

Australia Unveils Crypto Regulation Plan Ahead of Tight Election

Australia’s federal government, led by Prime Minister Anthony Albanese's center-left Labor Party, has announced a proposed regulatory framework that would bring cryptocurrency exchanges under the purview of existing financial services legislation. This initiative, timed ahead of a tightly contested national election expected by May 17, aims to formalize oversight of digital asset platforms and tackle the issue of debanking. The Australia...

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