Australia Appoints New Assistant Minister for Technology to Accelerate Digital Asset Regulatory Reform
Recently, Australia appointed Andrew Charlton as the Assistant Minister for Technology and the Digital Economy and Cabinet Secretary, marking a significant step by the government in regulating the digital economy and cryptocurrency sector.
Prime Minister Anthony Albanese appointed Andrew Charlton to oversee policy reforms in relevant areas, emphasizing that his extensive economic background and international experience are key factors. Charlton will collaborate with Technology Minister Tim Ayres to focus on the profound impact of artificial intelligence and emerging technologies on the economy and employment structure.
This move has also received high recognition from the industry. Caroline Bowler, CEO of cryptocurrency exchange BTC Markets, stated that this appointment demonstrates the government’s commitment to industry collaboration and policy implementation. She pointed out that Charlton has a deep understanding of the development of the digital economy and will provide important support for future digital infrastructure construction.
It is worth noting that Charlton previously collaborated with Assistant Treasurer Stephen Jones to promote a proposal for a licensing system for crypto platforms, aimed at aligning Australia’s digital asset regulation with international standards, drawing from the EU's Markets in Crypto-Assets (MiCA) regulation and Singapore's Payment Services Act.
The proposed new regulations require large cryptocurrency companies to apply for an Australian financial services license, while smaller businesses or those not providing financial services may be exempt. The Treasury is also consulting on the phenomenon of de-banking, aiming to enhance industry transparency and risk management through the new regulations.
It is expected that relevant legislative proposals will be published later this year, and the Australian Securities and Investments Commission plans to update its digital asset guidelines to better adapt to market changes. This appointment not only highlights the Australian government's emphasis on the digital economy but also reflects its determination to align with international standards.
What are your thoughts on this series of policy initiatives in Australia? Can Australia become an effective promoter of healthy development in the digital asset industry by adopting international standards? Feel free to leave your comments and share your views!
#澳大利亚 #数字经济 #加密货币监管 #数字资产政策