Blockchain Australia calls the state for crypto safe harbor

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The Australian crypto industry “cannot afford to wait years for regulatory clarity,” and consumers require confidence to access crypto services, the Australian blockchain association argued.
Blockchain Australia, a major association representing the local cryptocurrency industry, has officially introduced its crypto regulation recommendations to the federal government.The association filed a submission to the Senate Select Committee on Australia as a Technology and Financial Centre last Friday, calling the government to provide a safe harbor for local crypto service providers.Pointing out a set of regulatory recommendations, Blockchain Australia stressed the need for a coordinated and graduated approach to adopt a “fit-for-purpose regulatory framework,” ensuring innovation and competition in the country while enhancing consumer outcomes. The crypto advocates emphasized that local industry “cannot afford to wait y

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Źródło: https://cointelegraph.com/news/blockchain-australia-calls-the-state-for-crypto-safe-harbor

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