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Australia’s Crypto Regulations May Be Delayed Until 2024

Crypto legislation in Australia may be delayed until 2024 or later, as the government is looking forward to taking its time in order to get a complete picture of the industry.

The Australian Financial Review obtained internal government documents under freedom of information laws and revealed the said information.

The documents revealed that the government intends to release consultation papers in the second quarter of 2023 and to hold stakeholder roundtables on cryptocurrency licensing and custody in the third quarter.

(By Suzuki Shillsalot)

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