Aussie consumer group calls for better crypto regs due to ‘lagging laws’

2022.05.31 07:51

Aussie consumer group calls for better crypto regs due to ‘lagging laws’

Australian consumer advocacy group CHOICE has called on the federal government to provide better protection for crypto investors while submitting a proposed regulatory framework for cryptocurrency exchanges operating in the country.

The regulatory framework was submitted in response to the federal Treasury’s consultation paper for “crypto asset secondary service providers” (CASSPs) defined as firms providing custodial crypto wallets and exchange services. CHOICE commented:

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