Australian regulators are gearing up to implement new legislation mandating that cryptocurrency exchanges obtain financial services licenses. This development marks a significant shift in how digital currency exchanges will be governed in Australia, expanding beyond existing regulations specific to digital currencies.
Read MoreNigeria's Securities and Exchange Commission (SEC) is poised to make significant strides in the world of digital assets. According to a recent Bloomberg report, the SEC is set to introduce licensing requirements for virtual asset providers, including cryptocurrencies, with the first licenses expected to be issued as early as this month.
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