Australian Government to Approve Cryptocurrency Platforms

Australian Government to Approve Cryptocurrency Platforms
A Bitcoin cryptocurrency symbol over an Australian flag and electronic components. Tierney / Adobe Stock
Daniel Khmelev
Updated:

The Australian government has set its sights on the country’s cryptocurrency market, in what is expected to be one of the most significant sets of reforms to the country’s payment system in more than 25 years.

The government is seeking industry feedback to develop a “tick of approval” for cryptocurrency exchanges—the platforms responsible for connecting consumers with their digital cash.

Daniel Khmelev
Daniel Khmelev
Author
Daniel Khmelev is an Australian reporter based in Perth covering energy, tech, and politics.
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