“Innovation will flourish” in the digital currency sector as anti-laundering laws pass

Summary

The passage of anti-money laundering legislation through Parliament on Thursday will facilitate further growth in Australia’s local blockchain and digital currency industry, according to local fintech leaders. The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017 will extend anti-money laundering and counter-terrorism financing regulation to digital currency exchanges. The legislation requires these exchanges to monitor […]

Tags: ACX, ASX, digital currency, DigitalX, FinTech, FinTech Australia, FlashFX, Legislation