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Don’t follow the US: Blockchain Aus CEO hammers ‘regulation by enforcement’

Published 06/25/2023, 06:42 PM
Updated 06/25/2023, 08:20 PM

Blockchain Australia’s new CEO Simon Callaghan hopes the Federal Government will take its cues on crypto regulation from the United Kingdom, Hong Kong, and Singapore — and definitely not the United States.

In his new position, Callaghan aims to steer crypto rule-making in the country and avoid making similar moves to the U.S. Securities and Exchange Commission — which is suing the world’s two largest exchanges and has branded at least 68 tokens as securities.

Callaghan gave a speech at Blockchain Week, announcing his tenure as Blockchain Australia's CEO.
A recent post from Simon Callaghan regarding leaving his Cambridge role. Source: Linkedin

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