Urgent need to regulate 'high-risk' crypto market
Consumer advocates are calling on the federal government to regulate cryptocurrency exchanges, amid evidence ‘volatile’ investments are causing financial harm.
Source: afr.com
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Labor wants stronger consumer protections for crypto
Labor has hit back at criticism that it lacks a crypto policy, with financial services spokesman Stephen Jones saying that the Opposition wants stronger consumer protections and regulation of exchanges.
Source: afr.com
Finance hub push extended to technology
Finance hub push extended to technology Share Finance and technology professionals would be lured to set up businesses and create jobs in Australia through tax breaks, visa streamlining and fast-tracking regulatory approvals, under reform proposals put to the federal government by a high-powered advisory group. To seize on Hong Kong’s diminished status as a regional financial centre and capitalise on Australia’s economic and health outperformance during COVID-19, the Australia as a Financial and Technology Centre Advisory Group made 15 recommendations in a report commissioned by Liberal s...
Source: afr.com