Do you need a license to trade crypto in Australia?|Legal framework for crypto-business in Australia For example, . If tokens representing financial products are traded on exchanges, a cryptocurrency exchange operator may need a broker license.cryptocurrency financial services companies must have a financial license
Do you require a license to engage in cryptocurrency trading in Australia? I'm curious about the legal framework surrounding crypto-business in this country. For instance, I've heard that if tokens representing financial products are traded on exchanges, the operator of the cryptocurrency exchange might need to possess a broker license. And it seems that cryptocurrency financial services companies must also hold a financial license. Could you elaborate on these requirements? Are there any other pertinent regulations that traders in Australia should be aware of?