๐Ÿš€ Coinbase's Asia-Pacific Managing Director, John Oโ€™Loghlen, voiced concerns about "ongoing regulation through enforcement" in Australia ahead of the expected draft legislation for the crypto sector by end of 2024. He emphasized the need for clear, constructive regulations to foster industry growth. ๐Ÿ“ˆ

Australia's Treasury is set to introduce new rules, but ASIC remains firm on enforcement, recently taking action against Binance Australia and eToro. Coinbase's new APAC Policy Manager, David Menz, aims to build strong relationships with regulators. What are your thoughts on this regulatory landscape? Share below! ๐Ÿ‘‡ #CryptoNews #Blockchain