Australian Senators Push for Country to Become Next Crypto Hub By Cointelegraph – News Couple
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Australian Senators Push for Country to Become Next Crypto Hub By Cointelegraph



Entrepreneurs have long questioned government responses to top-down innovation. Currently in the crypto territory with institutional investment flowing steadily and decentralized finance (DeFi) use cases and products continuing to thrive over the past 18 months, many crypto companies are begging for more regulatory clarity.

The original Australian Senate Select Committee on FinTech and RegTech, chaired by Senator Andrew Bragg, was established in 2019 to strengthen the regulatory environment for FinTech and Technologies in Australia. It soon became known as the Bragg Inquiry and is now focusing heavily on cryptocurrencies. In general, Australia’s regulatory progress is not seen, and Australia’s rapid hub of research and proposals for useful rules for the crypto industry has surprised many.

DAOs Vehicle Law Company

Stop canceling banking transactions for cryptocurrency exchanges

Reject the FATF travel rule.

DeFi Tax Nightmare Removal