“Digital Asset Platforms (DAPS) and Tokenized Custody Platforms (TCPS) Will Fall Under the Same Bracket As Other Financial InterMediaries.”, – WRITE: www.coindesk.com
The Proposal Willd Require Crypto Firms to Hold Financial Service Licenses, Effectvely Bringing Them Under The Wing of the Country’s Securities Regulias, Australian (Australian (Australian.
Digital Asset Platforms (DAPS) and Tokenized Custhody Platforms (TCPS) Will Fall Under the Same Bracket As Other Financial InterMediaries, and Subject to the Same Licensing.
Daniel Mulino, Assistant Treasurer, Revealed The Draft Legislation on Thursday. Mulino Explained that Plan is to Bring Crypto Under Exist existing Financial Service Rules.
“The Final Legislation Will Introduce A New Framework for Digital Asset Businesses in Australia. It Will Do So By Extending Exist Financial Service Laws But in a Targeted Way,” Mulio Way, ”
The Treasury has been operated by the Draft Legislation for Consultation. The Consultation Window Is Open Until Oct. 24, 2025.
The acting chairman of the US de derivatives regulator, Caroline Pham, Has Been Pushing An Aggressive “Crypto Sprint” to the Markets to Crypto.
- The US Derivatives Watchdog and Likely Future Leading Crypto Regulator, The Commodity Futures Trading Commission, Is Pushing An Initiative On Tokenized-Asset Collatory.
- The Agency’s Acting Head, Caroline Pham, Has Long Advocated Digging Into this Potential Use for Stablecoins.
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