- Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week.
- The move is viewed as an indication that the center-left government plans to regulate the country’s crypto space.
- The initiative will aim to catalog the various types and uses of digital currencies owned within the country and is seen as a step toward identifying which crypto assets would need to be regulated and how to do that.
Australia to Stocktake Crypto Holdings Ahead of Regulation
