🇦🇺 Australia tightens regulations on crypto! ASIC has just announced new guidelines, requiring exchanges and crypto companies to have financial licenses. This could make it difficult for small startups and may lead them to relocate abroad.

- CEO of Swyftx: "Australia is going it alone with this regulation."

- Crypto lawyer Joni Pirovich: "Compliance costs will increase significantly."

- ASIC: "We want to promote responsible financial innovation."

What do you think about this move? Share your thoughts! 👇