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In Australia, the government has announced a new regulation for the crypto sector, with the aim of promoting innovation and ensuring consumer protection. The plan, promoted by Prime Minister Anthony Albanese, involves extending current financial regulations to major digital platform operators, with particular attention to the regulation of stablecoins and custody services. The initiative follows similar models adopted by the European Union and Singapore, demonstrating Australia’s willingness to align with the most advanced global regulatory systems in the field of digital resources. Australia: crypto regulation oriented towards security and growth of the sector   The Australian Treasury Department has published a document outlining new reforms aimed at the cryptocurrency sector. The main objective is to provide regulatory certainty to investors and industry operators, while allowing the development of new financial solutions based on blockchain. According to statements made by the Treasurer Jim Chalmers, Assistant Treasurer Stephen Jones, and the Special Envoy for Cybersecurity and Digital Resilience Andrew Charlton, the Australian government recognizes the economic potential of blockchain and digital assets. These tools can enhance financial markets, the payments sector, and access to capital, representing a significant growth opportunity for the country.   Clear rules for the bull and bear operators   The government has decided that the new regulations will apply to the main operators of digital platforms, including exchange, servizi di custodia e broker di criptovalute. Every platform that manages digital assets will need to obtain an Australian Financial Services Licence (Australian Financial Services Licence, AFSL), while small businesses and those not directly involved in financial services will be exempt from this obligation. The objective is to encourage innovation while ensuring that Australians can use and invest in cryptocurrencies safely. The reform will allow for the adoption of user protection measures, preventing fraudulent behavior and improving transparency in the sector.   The government…

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Filed under: News - @ March 21, 2025 2:23 pm