Senators Bragg and Lummis discuss crypto laws collaboration between US, Australia

Australian Senator Andrew Bragg hasmet with U.S. Senator Cynthia Lummis to discuss potential collaboration on cryptocurrency regulation between the two countries. Senator Bragg is a crypto-friendly politician from the ruling Liberal Party (a conservative center right party) that has been one of the driving forces behind a proposed forward-thinking regulatory scheme in Australia. Last year […]

‘7 words is not a crypto policy': Aussie opposition under fire as election looms

Australia’s opposition Labor party is facing criticism over its lack of formal policy regarding the cryptocurrency industry just days before a national election is expected to be called Prime Minister Scott Morrison, from the Liberal Party, is expected to fire the starters pistol for a Federal election this weekend. However, the Australian Labor Party (ALP) […]

Aussie crypto 'finfluencers' face tough new legal restrictions

New warnings from the Australian Securities and Investments Commission (ASIC) on appropriate conduct for financial influencers could have a dramatic impact on the local crypto industry. ASIC’s recent Information Sheet outlines the traps influencers and the companies that hire them could fall into while wittingly or unwittingly promoting financial products. The penalties for failing to […]