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What digital currencies will be available on your exchange. If your business will exchange time advising cryypto, ranging from whether Australian or not or brand new start-ups.

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The consultation paper suggests that crypto-exchanges holding more than AUD1, for any one client, or more than AUD5 million in total assets. The proposed new rules will require any crypto exchange holding more than $ million ($5 million AUD), or more than $ ($1, AUD) per. Crypto exchanges in Australia will soon be required to hold a financial-services license issued by the markets regulator as the country.

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The delayed October consultation paper is separate from an earlier token mapping consultation paper. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. To be eligible, you must: obtain a national police certificate or national police check before submitting your application complete and submit an AUSTRAC business profile form ABPF submit details regarding the nature, legal form, status and structure of your business submit information regarding if you or any of your key personnel have been charged, prosecuted or convicted in relation to money laundering, terrorism, fraud and other serious offences or have been subject to any civil or criminal proceedings pay any relevant fees. Earlier this year, Australia decided to not make any decision on a CBDC for some years due to several unresolved issues that surfaced at the end of the pilot project.