Connect with us

Hi, what are you looking for?

Australia

Bragg drafts Digital Assets Bill 2022

Australian Senator for New South Wales, Andrew Bragg (Liberals) has introduced the Digital Assets Bill 2022 and he is seeking feedback on it until the end of next month.

The draft bill proposes licenses for exchanges, custody services and stable coin issuers. It also requires disclosures for entities using the e-Yuan, a Chinese CBDC.

The bill doesn’t differentiate between bitcoin and cryptocurrencies. Despite raising concern over the emergence of a Chinese government-issued CBDC, the risks of CBDCs in general are not addressed.

You May Also Like

Education

A beginner's guide to how bitcoin transactions work.

News

Bitcoin's fundamentals as of February 2022.

Education

A short overview of the Lightning Network and how it works.

Education

A short overview of the difference between "hot" and "cold" wallets.

News

South Korea is exploring a Bitcoin ETF, is this a good thing?

News

A State Senator in Mexico, Indira Kempis, has seen the benefits of adopting bitcoin as legal tender in El Salvador, and is currently working...