A committee of the Australian Senate has just supported a new bill aimed at regulating the crypto market.
This bill proposes to bring crypto exchanges and digital asset custody services into the legal framework of the existing financial services sector. The goal is to enhance oversight and protect investors, similar to how traditional financial institutions are regulated.
If the law is passed, crypto companies in Australia will have 6 months to complete licensing and comply with the new regulations.
NIGHTUSDT
Perp
0.05144
+12.80%
ZECUSDT
Perp
217.02
+0.91%
BTCUSDT
Perp
66,807.5
+1.20%