#ASIC

Australia to Require Financial Licenses for Cryptocurrency Exchanges Starting November 2024

From November 2024, cryptocurrency exchanges in Australia will be required to obtain financial services licenses, according to new regulations announced by the Australian Securities and Investments Commission (ASIC). Alan Kirkland, an ASIC commissioner, revealed details of the initiative at the AFR Crypto and Digital Assets Summit in Sydney, emphasizing the need for stricter oversight of…

By Andrej Kovacevic 24th September 2024

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