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Reading Time: 2 minutes ASIC has mandated that cryptocurrency exchanges in Australia must obtain financial licenses by November 2024 The Corporations Act will be expanded to classify many crypto assets as financial products under Australian law ASIC’s Commissioner highlighted the need for enhanced regulation to protect consumers and ensure market stability The Australian Securities and Investments Commission (ASIC) is introducing new requirements for crypto exchanges…
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Australia Sets November Deadline for Crypto Registrations
Reading Time: 2 minutes ASIC has mandated that cryptocurrency exchanges in Australia must obtain financial licenses by November 2024 The Corporations Act will be expanded to classify many crypto assets as financial products under Australian law ASIC’s Commissioner highlighted the need for enhanced regulation to protect consumers and ensure market stability The Australian Securities and