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Aussie crypto companies keen to embrace regulations says senator
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Australian Senator for New South Wales Andrew Bragg has asserted that robust regulations would “bring credibility and validity” to the country’s emerging digital asset sector.
Speaking to local publication Finder on November 2, the chairperson of the Senate Committee on Australia as a Technology and Financial Centre, commented that the country’s crypto sector has shown a willingness to embrace greater regulatory oversight in a bid to attain mainstream legitimacy.
“To my surprise, I’ve never seen an industry so keen for regulation,” said Senator Bragg.
Bragg added that he expects new regulations overseeing the crypto industry will be introduced in Australia within the coming 12 months.
Bragg’s comments come after his senate committee published
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