#AppleCryptoUpdate
Stand With Crypto campaign and ASIC
The Stand With Crypto campaign is active in Australia but has been fairly low-key during the campaign, with a focus on debanking.
Coinbase managing director for APAC John O’Loghlen called on whoever wins the election to launch a “Crypto-Asset Taskforce (CATF) within the first 100 days.” This would include industry and consumer representatives to finally get crypto regulations over the line.
“If Australia doesn’t move now, we risk falling even further behind,” he told Cointelegraph.
“The next government must move beyond consultation and into legislation.”
The Australian Securities and Investments Commission (ASIC) is the local equivalent of the US Securities Exchange Commission (SEC). It released its own crypto regulatory proposals in December.
