Regulation of Bitcoin in Australia

AUSTRAC who is Australia’s anti-money laundering and counter-terrorism financing regulator appear to be close to making key decisions on the regulation of digital currencies in Australia.

On the AUSTRAC website

“The Attorney-General’s Department (AGD) is conducting the statutory review of the AML/CTF Act, Rules and regulations. The review is required under section 251 of the AML/CTF Act”

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