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Australian senator introduces private bill to expedite crypto regulation

Published 03/29/2023, 05:53 AM
Updated 03/29/2023, 09:00 AM

A new bill has been introduced to the Australian Parliament proposing regulations for providing cryptocurrency services in the country.

Senator Andrew Bragg submitted a private senators’ bill titled Digital Assets (Market Regulation) Bill 2023 to “protect consumers and promote investors,” which includes regulatory recommendations for stablecoins, licensing of exchanges and custody requirements.

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