Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

The Australian Senate rejects a proposed bill on digital asset regulation, instead recommending further consultation with the industry, causing criticism from opposition senator Andrew Bragg.

coindesk.com

Relevant topic timeline:

9/4/2023

Australian lawmakers reject Andrew Bragg’s crypto bill

The Committee on Economics Legislation in Australia has recommended that the Digital Assets (Market Regulation) Bill 2023 not be passed, suggesting further research on the topic instead.

9/4/2023

Australia Rejects Crypto Regulation Bill

The rejection of a new bill on cryptocurrency regulation by the Australian Senate reflects the country's cautious approach and leaves the industry without legal guidelines as crypto innovation continues.

9/7/2023

Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg

Australian investors may face exposure to unregulated markets and potential investment flight if the Digital Assets (Market Regulation) Bill is rejected by parliament, according to Senator Andrew Bragg, the bill's author.