Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’ – Regulation Bitcoin News

The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it has released a consultation paper that explores “which elements of the crypto ecosystem are sufficiently regulated and which require additional attention.” Prioritizing Protection of Consumers The Australian government has said it is working to “ensure the regulation of crypto assets protects consumers” as well as to position the economy “to take advantage of new digital products and