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framework aims to be tech-neutral and not token-specific, aiming to structure regulations based on principles.
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The outcome depends on Australian MPs’ reactions to cryptocurrency legislation, which is expected to be introduced in 2024.
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The Australian Treasury’s consultation procedure was held between February 3 and March 3, 2023.
The Australian Treasury is implementing a token mapping framework to categorize digital assets based on their function and purpose. The token mapping framework aims to strike a balance between innovation and consumer safety, encouraging American and overseas digital asset entrepreneurs to examine the Australian market.
Token Mapping In Australia To
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