Australia's Crypto Regulatory Shake-Up: What's Changing and What's Next?
Australia's crypto regulatory landscape is undergoing significant changes. But what do these reforms mean for businesses already operating in the market?
In this episode of Compliance Champions, Delphine Forma, Head of Policy APAC & Europe at Solidus Labs, speaks with Lisa Hornery, Regional Compliance Officer Australia at Kraken, about Australia's transition from an AML/CTF-focused regulatory framework towards broader financial services licensing and supervision.
They explore how ASIC's updated INFO 225 interacts with the new Digital Assets Framework, the distinction between regulating digital asset products and platforms, and the practical challenges of implementing new licensing requirements.
Beyond regulation, they discuss the evolving role of compliance professionals, balancing commercial objectives with regulatory expectations, and why compliance needs to be a business partner rather than simply a control function.
The conversation also covers the challenges of implementing the Travel Rule, the potential of stablecoins to reduce payment costs in Australia, and even a few tips on sustainable fashion!
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