Cryptocurrency Continent — Australia

Get all your Signals automatically executed to your account through this Crypto Bot — http://crypto-autobot.com/

Australia has been quite direct and positive in terms of cryptocurrency regulation. It is already implementing some of its bigger plans, like exchange registration. Australia may not be one of the biggest markets for Bitcoin (BTC) and other cryptocurrencies, but it is a growing one.

The latest move by Australia to licence exchanges indicates that the government is trying to get involved and in control of cryptocurrencies in their country. These licences may be tangible evidence of cryptocurrency regulation, but Australia has built up a positive outlook on digital currencies.

Australian regulators’ opinions on cryptocurrencies have also grown and expanded as the interest in digital currencies has taken off.

It is all quite obvious why these regulations are good for the Australian government, who are fighting perceived threats of money laundering and terrorist funding, but crypto businesses and the different industries that utilize cryptocurrencies, also are benefiting.

Australia has decided that there is a lot of potential in cryptocurrency. By encompassing Blockchain, as well as financial upgrades with digital tokens, they are setting themselves up almost as a ‘first-to-market’.