On Wednesday, December 14, the Australian government said that it’s taking enough steps to improve regulation for crypto service providers. In early 2023, the government shall release a consultation paper to decide the kind of digital assets they want to regulate. To tighten the safety net in the crypto space, the Australian government is also mulling sweeping changes in its financial services laws. The new consultation paper will form the basis of Australia’s “strategic plan” for a payments system to be passed in early 2023. (coingape)
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Australia Targets Crypto In Major Regulatory Changes for 2023
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