The European Union, the US and other jurisdictions are responding. Australia is, as well. As the NTRC announces its interest in considering crypto gambling, the country is beginning to establish its own crypto regulatory framework.<\/p>\n<\/div>\n
This week, Australia Treasurer Jim Chalmers announced that the government is going to launch token mapping. This initiative will catalog all of the types of crypto available in the country, as well as their uses.<\/p>\n
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With the increasingly widespread proliferation of crypto assets — to the extent that crypto advertisements can be seen plastered all over big sporting events — we need to make sure customers engaging with crypto are adequately informed and protected<\/strong>,” said Australia Treasurer Jim Chalmers.<\/p>\n<\/div>\nChalmers highlighted that this is the definitive first step toward crypto regulation in the country. Most crypto supporters shun the idea of regulation. However, it’s a part of the equation that they’re not going to be able to prevent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Not too long ago, Australia’s Northern Territory Racing Commission (NTRC) had a dim view of cryptocurrencies. It didn’t believe they had a place in gambling. But the country’s sports betting license authority is apparently now looking at them differently. Many naysayers thought that bitcoin (BTC) wouldn’t last five years. That was 11 years ago. Today, […]<\/p>\n","protected":false},"author":64,"featured_media":227860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[24066,1074],"tags":[81985,81892,80968],"acf":[],"yoast_head":"\n
Australia's Sportsbook Regulator Changes Attitude on Cryptocurrency, Wants Operator Input - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n