Australia’s ASIC Proposes Tighter Crypto Exchange Rules
Edited by Steinar Vigdel Kolnes, Editor, Oslo
ASIC has proposed stronger crypto exchange rules ahead of a licensing deadline, focusing on customer assets, trading and financial stability.
Australia’s financial regulator, ASIC, is seeking stricter requirements for cryptocurrency exchanges as a licensing deadline approaches.
The proposals aim to strengthen protections for customers’ digital assets and crypto trading, according to CoinDesk.
ASIC’s push also addresses financial stability risks. The source report did not specify the proposed requirements or the date of the licensing deadline.
Source: CoinDesk
