Jump to content

Australian regulators also oppose the launch of Libra


Recommended Posts

Following the example of the United States and Europe, Australia's financial and consumer watchdogs also expressed their disapproval of Facebook’s cryptocurrency project Libra, as reported by the Australian on Wednesday. As a result, the Libra Association may now have to submit further information on the so-called “stablecoin” before Australian regulators permit a rollout in the country.

The Australian Securities & Investments Commission (ASIC), the Office of the Australian Information Commissioner (OAIC), Austrac, the Australian Competition & Consumer Commission (ACCC), and several other governmental agencies teamed up to come up with a common approach to Lira. However, following a meeting with the company in October, many questions have remained unanswered.
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...