The Australian Securities and Investments Commission (ASIC) has announced new legislation requiring cryptocurrency exchanges to obtain financial services licenses. This expansion of the Corporations Act aims to provide clearer oversight of the crypto sector, ensuring that widely traded crypto assets, such as bitcoin, are appropriately regulated. The new regulations are set to be implemented by […]
Source: https://news.bitcoin.com/australia-mandates-financial-services-licenses-for-crypto-firms-under-new-asic-regulations/