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Home » ‘We are all tech lawyers now’ – the future of cryptocurrency – Law Society Journal

‘We are all tech lawyers now’ – the future of cryptocurrency – Law Society Journal

‘We are all tech lawyers now’ – the future of cryptocurrency – Law Society Journal

By - Nov 23, 2023 2:30 pm AEDTIn October this year, the Australian Treasury released a proposal paper, “Regulating Digital Asset Platforms”, with submissions open until 1 December. The paper responds to increased concern about money laundering, terrorism financing and mishandling of customer funds within the cryptocurrency and digital assets markets. It discusses a proposed regulatory framework that would apply to digital asset service providers that present similar risks to entities operating in the traditional financial system.“If we’re going to have a world‑class digital assets market, we’ll need fit-for-purpose regulation that can keep pace with a rapidly evolving ecosystem,” Assistant… 

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