<ul><li>Australia proposes new regulatory framework to bring crypto exchanges under financial services laws.</li><li>Crypto exchanges, custodians, and select brokerage firms will need to obtain an Australian Financial Services Licence.</li><li>Smaller platforms and non-financial blockchain developers will be exempt from the regulations.</li><li>The government pledges action on debanking and plans to introduce a regulatory sandbox in 2025.</li></ul>

Australia Proposes New Crypto Framework And Pledges Action On Debanking

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