Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline

Key Takeaways

• Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline.
• The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.
• The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.