The post Australian Crypto Exchanges to Obtain Financial Services Licenses: Bloomberg reports appeared first on Coinpedia Fintech News In a recent report published by Bloomberg, Australia is on foot to demand cryptocurrency exchanges to obtain financial services licenses from the market regulator, aiming to foster the growth of digital assets while safeguarding consumers. Exchanges holding over A$5 million ($3.2 million) will need permits from the Australian Securities and Investments Commission (ASIC). The new …
