The Australian federal government may soon require cryptocurrency exchanges to hold a financial services license issued by the local financial regulator, the Australian Securities and Investment Commission (ASIC). In the newly-unveiled “Regulating digital asset platforms” consultation paper, released on Oct.
October 15, 2023
The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on
California Governor Gavin Newsom approved a cryptocurrency bill that enforces stricter regulations on businesses conducting crypto operations set to begin in 18 months. In a statement published on October 13, Newsom declared that the bill titled the ‘Digital Financial Assets
