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Australia’s world-leading crypto laws are at the crossroads: The inside story

2022.07.06 23:46

Australia’s world-leading crypto laws are at the crossroads: The inside story
Australia’s world-leading crypto laws are at the crossroads: The inside story

As crypto winter sets in once more, industry players in Australia, one of the worlds most crypto-friendly nations, watch closely for a shift in the regulatory climate.

Anthony Albanese, the new Australian Labor Party prime minister, has made regulating crypto a top priority. However, neither he nor his cabinet has given a clear indication of how it may approach the unregulated space.

No word yet on whether Australia’s innovative crypto legislation will go through.

Pioneer of self-regulation

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