Proposed Australian exchange licensing could stifle competition: Kraken -Breaking
[ad_1]
With crypto regulation reportedly set to ramp up in Australia over the next 12 months, Kraken Australia’s Managing Director Jonathon Miller thinks that a strict crypto regime could stifle local competition.
Led by Crypto-friendly Senator Andrew Bragg tabled Twelve extensive suggestionsThe Fintech sector and the digital asset industry were regulated last month. These proposals include a new licensing system for cryptocurrency exchanges and new laws to regulate decentralized autonomous organisations (DAOs). They also propose a revamp of the capital gains tax in Decentralized Finance (DeFi).
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of the potential risks and financial costs involved in trading the financial market. It is the most risky form of investment.
[ad_2]