financial technology

The Australian government is moving towards regulating cryptocurrency, with a focus on those involved in developing and maintaining crypto platforms. Bitcoin crypto currency coin with cracked Australia flag. Crypto restrictions. Australia’s Treasury Department recently released a proposal paper on regulating digital asset platforms, aiming to support innovation while addressing consumer harms associated with digital assets. The collapse of FTX, which affected over 50,000 Australian consumers, was cited as an example of the vulnerabilities of intermediaries….