Australian 'token mapping' consultation paper to release in early 2023: Treasurer

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Australian 'token mapping' consultation paper to release in early 2023: Treasurer
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Treasurer Jim Chalmers reiterated that the government is pushing ahead with crypto regulation next year and will release a consultation report on token mapping in early 2023.

Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative.

In a Dec. 14 statement, Treasurer Chalmers noted that the Anthony Albanese-led government is “taking action to improve the regulation of crypto service providers and ensure additional safeguards for Australians.” “Following the release of token mapping, the Government will consult on a custody and licensing framework next year before introducing legislation,” he added.in mid-November that it will develop and enact a robust regulatory framework for crypto in 2023.

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