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Australian government gives nod to 6 world leading crypto reforms
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The Australian government is seriously consider the rollout of central bank digital currency (CBDC) and has backed numerous forward-looking regulatory crypto-proposals as part of a new “payments and crypto reform plan.”
Treasurer Josh Frydenberg says the reforms "will firmly place Australia among a handful of lead countries in the world."
The reform plan is said to be the biggest shake-up of the Australian payments system since the 1990s, with part of the crypto-related groundwork set by the innovative proposals put forward by an Australian Senate Committee in September.
According to the Australian Financial Review, the government is in favor of six out of nine reforms proposed by the Senate Committee, including a licensing regime for crypto
Read more on cointelegraph.comAbout this in other media
Looking for a Country with Clearest Crypto Tax Policies? Check This List cryptonews.com /2 years ago
Australia proposes new laws to regulate crypto, BNPL economictimes.indiatimes.com /2 years ago
Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits cointelegraph.com /2 years ago
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