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Vladar49
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Australian Cryptocurrency Exchanges to Meet New Technology Regulations

Wed Apr 04, 2018 5:44 pm

The Australian Transactions and Reporting Analysis Centre (AUSTRAC) recently announced the implementation of new crypto market regulations. According to them, all domestic cryptocurrency exchanges must obey the requirements which include anti-money laundering and counter-terrorism financing. The mandatory obligations took effect starting Tuesday, April 3.
“There will be criminal offence and civil penalty consequences if you provide digital currency exchange services without being registered,” AUSTRAC claims.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/australian-cryptoc ... gulations/

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Qyuhn
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Re: Australian Cryptocurrency Exchanges to Meet New Technology Regulations

Sat May 26, 2018 11:35 am

Yes, it is the fact that the crypto market is regulating well now. Australia is a great supporter of the crypto world and Australian decentralized markets are going well towards a well regulated and mature behavior. South Korea and Japan are also leading supporters and regulators of the BTC.

swyftx
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Joined: Tue Jun 05, 2018 12:26 pm

Re: Australian Cryptocurrency Exchanges to Meet New Technology Regulations

Thu Jul 26, 2018 9:07 am

These regulations are responsible for making sure the Aussie crypto market is kept up to speed and regulated properly. Starting to see huge growth in the Aussie market and couldn't be happier - Check out our platform http://swyftx.com.au/ if you are interested in more information on this.

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