Rejection of Crypto Bill Exposes Aussies to ‘Unregulated Market’ — Senator Bragg

Australian investors may face increased risks in unregulated markets if the Digital Assets (Market Regulation) Bill is not passed by parliament, according to Senator Andrew Bragg, the bill’s author.

On September 4, the Senate Committee on Economics Legislation advised rejecting Bragg’s proposal, recommending that the government instead engage in further discussions with the industry to shape crypto regulations.