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In a recent discussion, an Australian Treasure assistant secretary disclosed the approach which the country’s token mapping exercise will take. Trevor Power made these statements [...]
The Australian Minister for Financial Services said there was a "good argument" to treat crypto as financial products in an interview on Jan. 22.
The consultation paper will give an insight into how certain crypto assets should be regulated alongside frameworks for company licensing, asset custody and consumer protections under token mapping.
Australian federal government will implement a “token mapping” exercise to inform future regulation of the country’s crypto assets, laying the groundwork for “determining how crypto assets and related services should be regulated.” (Read More)
Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts.
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