Australia has named Andrew Charlton as the new Assistant Minister for Science, Technology, and the Digital Economy, in addition to his role as Cabinet Secretary. This move comes as the government focuses on regulating digital assets and modernizing the tech sector. Prime Minister Anthony Albanese praised Charlton's economic expertise and international background, stating that he is well-suited for the position. Charlton will collaborate with Minister Tim Ayres on industry advancements in technology and AI. The appointment signals a commitment to effective policy-making, according to Caroline Bowler, CEO of BTC Markets. Charlton's involvement in developing a licensing regime for crypto platforms aligns with global standards and showcases Australia's efforts to keep up with regulatory changes. The proposed rules aim to enhance clarity and risk management in the sector, with draft legislation expected later this year. Read more AI-generated news on: https://app.chaingpt.org/news

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