🇦🇺 Australia prepares new law requiring crypto exchanges to have financial services licenses!
- ASIC believes many crypto assets like BTC & ETH fall under the scope of the Corporations Act.
- New regulations to be announced in November 2024.
- Crypto exchanges in Australia may need licenses under current law.
What do you think about this move? Comment below! 💬#Crypto#Blockchain#BTC#ETH#Finance#Regulation