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Blockchain Australia Recommends Crypto Providers Receive Grace Period

·1 min read

BeInCrypto –

Blockchain Australia sent a recommendation proposal to a senate committee, asking for a transition and safe harbor period for crypto providers.

Industry group Blockchain Australia has sent recommendations to the Senate Select Committee on Australia as a Technology and Financial Centre, asking for safe harbor provision for crypto providers. The draft was created by members and industry stakeholders in collaboration with the group. The overall goal of the proposal is to protect clients while also establishing regulation that encourages innovation.

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