Australia Passes Bill Compelling Crypto Platforms To Obtain Financial Licenses

(MENAFN- Investor Brand Network) Australia has approved new legislation that brings crypto businesses under the country's formal financial services regime. The measure, introduced by the Treasury last November, passed both chambers of parliament, setting clear requirements for companies dealing in digital assets.

As more countries move to establish regulatory systems governing the crypto sector, entities like Cantor Equity Partners Inc. (NASDAQ: CEP) are likely to have more solid information upon which to base any...

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