Treasurer unveils cryptocurrency reforms to protect Australians who own digital assets
by Australian Associated Press from World news | The Guardian on (#6FKDJ)
Platforms that hold over $1,500 of an individual's assets or $5m in aggregate will be subject to existing Australian financial services laws
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Australia's crypto crackdown is starting to take shape with the government revealing the next steps in its bid to regulate the digital currency.
The treasurer, Jim Chalmers, unveiled his proposal to make crypto exchanges and digital asset platforms subject to existing Australian financial services laws.
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