• About Us
  • Careers
  • Contact
No Result
View All Result
Friday, August 8, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crypto

Australia Appoints New Assistant Minister for Technology Amid Intensifying Crypto Regulation Efforts

13 May 2025
in Crypto, News
Reading Time: 3 mins read
105 4
Australia Appoints New Assistant Minister for Technology Amid Intensifying Crypto Regulation Efforts

Source: Renew Economy

Australia has appointed Tim Wilson as the new Assistant Minister for Technology. This appointment is part of the government’s effort to strengthen cryptocurrency regulations and promote innovation in the digital economy, highlighting a commitment to balancing tech advancement with oversight in the crypto sector.

The Australian government has been actively working to develop a comprehensive regulatory framework for cryptocurrencies and decentralized finance (DeFi) platforms. This effort comes amid increasing global scrutiny of digital assets, aiming to protect consumers, prevent illicit activities, and encourage responsible innovation.

Tim Wilson’s new role places him at the forefront of these initiatives, supporting the Minister for Communications, Urban Infrastructure, Cities, and the Arts. He oversees policies promoting technological growth while ensuring that emerging sectors like crypto meet regulatory standards.

Australia is making significant strides in shaping its cryptocurrency regulatory landscape through several strategic initiatives. These include strengthening anti-money laundering (AML) and counter-terrorism financing (CTF) laws as they apply to digital asset exchanges, providing more straightforward tax guidelines for cryptocurrency transactions, and actively exploring regulatory frameworks for stablecoins and central bank digital currencies (CBDCs). 

This appointment of an Assistant Minister for technology and crypto regulation has been positively received by industry stakeholders, signalling the government’s commitment to the sector. This move is expected to enhance regulatory clarity, a key concern for Australian crypto startups and investors.

Tim Wilson’s tenure will be closely watched as Australia navigates the complex balance between innovation and regulation in crypto. His leadership is expected to influence policy development that supports technological growth while safeguarding the financial system.

Notably, an Australian Federal Court reversed a ruling against Block Earner, finding its fixed-yield crypto product does not need a financial services license because it’s a fixed-term loan agreement, not a financial product. This decision challenges ASIC, which brought the initial case and must now cover the legal fees.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: AustraliaCryptoRegulation
Share64Tweet40Share11
Bobby Okposin

Bobby Okposin

Related Posts

Standard Chartered Backs Ethereum Treasury Companies Over Spot ETFs for ETH Exposure
Ethereum

Standard Chartered Backs Ethereum Treasury Companies Over Spot ETFs for ETH Exposure

7 August 2025
KakaoBank Sets Sights on South Korea’s Stablecoin Market Amid Regulatory Shift
Regulation

KakaoBank Sets Sights on South Korea’s Stablecoin Market Amid Regulatory Shift

7 August 2025
WLFI to Launch Loyalty Program for USD1 Stablecoin Holders with Selected Crypto Partners
Stablecoin

WLFI to Launch Loyalty Program for USD1 Stablecoin Holders with Selected Crypto Partners

7 August 2025
China Moves to Issue First Stablecoins via Hong Kong
Stablecoin

China Moves to Issue First Stablecoins via Hong Kong

7 August 2025

Editors Picks

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

Which Pays Better Right Now: DeFi’s High-Yield Pairs or Traditional Finance’s Cash Vehicles?

Which Pays Better Right Now: DeFi’s High-Yield Pairs or Traditional Finance’s Cash Vehicles?

byOlayinka Sodiq
6 July 2025
0

The Future of Crypto Could Be Institutional—And That’s Not a Bad Thing

The Future of Crypto Could Be Institutional—And That’s Not a Bad Thing

byOlajumoke Oyaleke
30 June 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

Smart Contracts on Ethereum, Solana, vs. Other Blockchains

Smart Contracts on Ethereum, Solana, vs. Other Blockchains

byOlajumoke Oyaleke
26 June 2025
0

Read More

Chain of Thoughts

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Markets Update

US Ether ETFs Turn One: What $16.6B in Assets and Bullish Inflows Signal for the Future

5 days ago

Is ETH Restaking Driving Efficiency or Introducing a Dangerous Complexity?

6 days ago

Your Weekend Crypto Roundup | August 2025 (Week 1)

6 days ago

Meta’s $72 Billion AI Investment: A Strategic Shift from the Metaverse to Artificial Intelligence

1 week ago

Is Web3 Finally Solving Its Risk Problem? A Market Review of DeFi Insurance Models

1 week ago

How Coinshift Is Progressing the Stablecoin Space

1 week ago
Read More

Events

Rare Evo 2025
Rare Evo 2025
6 Aug 25
Las Vegas
CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Caldera Announces Partnership with EigenCloud to Integrate EigenDA V2

bychainwire
7 August 2025
0

BYDFi Card Officially Launches: One Card to Seamlessly Bridge Web3 Assets and Real-World Spending

bychainwire
7 August 2025
0

Bybit’s Ben Zhou Charts Bold New Course to Rewrite Crypto Success at Mid-Year Keynote

bychainwire
6 August 2025
0

Flipster and Kaia Partner to Extend Stablecoin Access Across Asia

bychainwire
6 August 2025
0

Dreamcash Begins Rollout of Trading Platform with Hyperliquid Integration via Waitlist Access

bychainwire
5 August 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00