Australia publishes draft laws for relaxed fintech and cryptocurrency regulations

October 29, 2017

The government of Australia has published laws that will enhance the rules and regulations on FinTech startups by letting them operate without a full license. This allows crypto-currency transactions within the country without any hassle. The government released new drafts of the framework for the new regularities. It will relax the requirements of license for new and innovative FinTech start-ups in the country. Each company had meet all licensing requirements…