🇦🇺 Australian crypto industry backs draft rules, flags unresolved issues
2025-10-27Australian crypto firms express support for proposed draft laws while cautioning that critical questions remain. Industry participants back clearer licensing and oversight but seek more detail on implementation timelines, compliance scope, and operational standards that would apply to exchanges, custodians, and token projects. Feedback emphasizes ensuring rules are workable for domestic innovators and compatible with international regimes, so platforms that trade crypto can meet obligations without stifling market access, product development, or user protections during the transition.
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