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The Government Seeks Market Views before Introducing the Australia Cryptocurrency Regulation

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Original Content - Business Upside


The cryptocurrency landscape is fast changing. As its unregulated nature is attracting worldwide investors, it is also exposing them to significant risks. Governments of all countries and economic and banking experts feel an immediate need to harness digital currencies to protect investors. The Australian government has drafted a draft plan for regulating digital assets. It is seeking feedback from individuals and businesses about the proposed Australia cryptocurrency regulation to overhaul licensing of digital assets. The plan also includes custody arrangements of digital assets.


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