In October 2021, the Senate Committee for Australia as a Technology and Financial Centre released its much-awaited recommendations for how cryptocurrency should be regulated. The 168-page final report boils down to 12 recommendations aimed at striking the right balance between creating legitimacy without stifling innovation. This is a landmark report that demonstrates … [Read more...] about Australia’s plan to create a crypto competitive edge in 12 steps
Australias
Australia’s Securities Regulator Issues Criteria for Crypto-Asset ETPs
For crypto to be a permissible asset for to back an ETP or other structured product, it must meet five criteria: A high level of institutional support and acceptance; reputable and experienced service providers to support the products; a mature spot market; regulated futures markets for trading derivatives and robust and transparent pricing mechanisms. Source link … [Read more...] about Australia’s Securities Regulator Issues Criteria for Crypto-Asset ETPs