Australian senator pushes new bill for digital currency regulation
If passed into law, the bill introduced by Sen. Andrew Bragg will require all virtual asset service providers to obtain a license from the ASIC.
If passed into law, the bill introduced by Sen. Andrew Bragg will require all virtual asset service providers to obtain a license from the ASIC.
Introduced by Senator Andrew Bragg, the Digital Assets (Market Regulation) Bill 2022 requires disclosures from Australian companies dealing in digital yuan.
Senator Andrew Bragg says that almost everyone he meets from the industry wants regulations weeks after his Senate Committee proposed new incentives.
Andrew Bragg said blockchain “may well be the solution to one-touch government with international transactions in real time.”