The Australian Treasury plans to include stablecoins in the draft cryptocurrency legislation

2024-06-13 19:12:21

Collection

ChainCatcher news, the Australian Treasury plans to include stablecoins in the draft cryptocurrency legislation.

Representatives from the Australian Securities and Investments Commission stated that they have held meetings with regulators such as the U.S. Securities and Exchange Commission to discuss the legal stance on cryptocurrencies.

The Australian Treasury plans to release draft legislation covering licensing for crypto asset providers and custody rules by the end of 2024, which may include a regulatory framework for stablecoins.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.