LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
Twitter Telegram
LockMeta
Twitter Telegram
Google News
  • Latest News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
LockMeta
News

Australia plans to build crypto competitive advantage in 12 steps

January 21, 2022
Share Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte
Committee chairman Senator Andrew Bragg

The latest Senate report on digital asset regulation is a pro-crypto statement of intent from the Australian government.

In October 2021, the Australian Centre for Technology and Finance Senate Committee released its long-awaited recommendations on how to regulate cryptocurrencies. The 168-page final report can be grouped into 12 recommendations aimed at creating legitimacy without Striking the right balance between inhibiting innovation. The report is a landmark report that shows Australia is clearly committed to putting itself at the forefront of global crypto investment.

“Australia can be a leader in digital assets and believes Australia can compete with Singapore, the UK and the US”

Committee chairman Senator Andrew Bragg
  • Four key recommendations from the report:
  • Introduce a new set of encryption-specific licenses and regulations.
  • Types of DAO organisations in Australian company law.
  • Improve tax regulations for crypto transactions.
  • Create new tax incentives to encourage energy efficient and environmentally friendly mining.
Previous ArticleFast food chain Jack in the Box settles mascot copyright lawsuit with FTX US
Next Article adidas Originals and Prada will collaborate on Polygon-based NFTs

Related News

February 5, 2023

The Ethereum expansion project Scroll improved the v2 bridge and ZK architecture this week

February 5, 2023

SHIB rises 13% on Saturday, hits 4-month high

February 5, 2023

The Arbitrum ecological stable currency project SperaxUSD was attacked yesterday

February 5, 2023

Yuga Labs has removed wallet “0x3977″‘s DooKey Dash game high score, Mongraal is back on top

February 5, 2023

Bitcoin and Ethereum Whales Move $743 Million in Crypto in Three Massive Transfers

February 4, 2023

Morgan Creek Capital CEO: The next crypto bull market may start in the second quarter of 2023

February 4, 2023

Bitcoin Price Could Hit $45,000 Before Christmas

February 4, 2023

FTX-Backed NFT Company Limit Break Launches $6.5M Super Bowl Commercial

The Latest
Ethereum News February 5, 2023
The Ethereum expansion project Scroll improved the v2 bridge and ZK architecture this week
Altcoin News February 5, 2023
SHIB rises 13% on Saturday, hits 4-month high
Altcoin News February 5, 2023
The Arbitrum ecological stable currency project SperaxUSD was attacked yesterday
Business News February 5, 2023
Yuga Labs has removed wallet “0x3977″‘s DooKey Dash game high score, Mongraal is back on top
Ethereum News February 5, 2023
Bitcoin and Ethereum Whales Move $743 Million in Crypto in Three Massive Transfers

LockMeta provides the latest crypto news flash including Bitcoin, Ethereum, Altcoins, NFTs, Metaverse, Business and Policy. Get today's latest crypto news in a minute.

Twitter Telegram
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
  • About Us
  • Contact Us
  • Advertise
  • Terms of Service
  • Privacy Policy
© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.