News Explorer — Coinbase Executive Urges Australia to Speed up Crypto Regulation to Stay Competitive

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Coinbase Executive Urges Australia to Speed up Crypto Regulation to Stay Competitive

Coinbase’s chief policy officer, Faryar Shirzad, emphasized the need for Australia to expedite the implementation of precise cryptocurrency regulations to stay competitive globally. He highlighted that other jurisdictions have already set clear time frames for regulation, and Australia must follow suit. The Digital Assets Market Regulation Bill 2023 aims to introduce licensing for crypto exchanges and clarify custody requirements, but progress has been slow.

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Jul 25, 9:35 am

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