The Senate’s twelve recommendations for regulating cryptocurrencies and digital assets and improving Australia’s international competitiveness
Earlier this week, the Australian Senate Select Committee on Financial Technology and Regulatory Technology released its Final Report. This Report, chaired by Senator Andrew Bragg, complements the numerous recommendations made by the Committee in its first two interim reports. The focus of the Final Report is on these four areas affecting the competitiveness of Australia’s technology, finance and digital asset industries:
Regulation of cryptocurrencies and digital assets.
Issues relating to “de-banking” of Australian Fintechs and other companies.
The policy environment for neobanks in Australia.
Options to replace the Offshore Banking Unit.
The Committee’s twelve recommendations are:







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