Australian Senate Committee calls for new rules for Crypto
The committee recommended implementing a new licensing regime for crypto exchanges and establishing a custody or depository regulatory framework for digital assets.
The committee recommended implementing a new licensing regime for crypto exchanges and establishing a custody or depository regulatory framework for digital assets.
The investment is a top-up to FTX’s series B financing round in July, in which it raised $900 million at an $18 billion valuation.
The new capital will be used to fund strategic investments and acquisitions, product development, and licenses for popular intellectual properties
Thehe government is said to be in discussions to regulate the use of crypto in illegal transactions.