Cryptocurrency exchanges In Australia

In brief - What are the regulatory challenges and risk considerations for operators, investors and traders of cryptocurrencies?

The emerging cryptocurrencies, and the underlying distributed ledger technology, address some of the shortfalls associated with present fiat currencies as a medium of exchange and a store of value. The use and exchange of cryptocurrencies present some real regulatory challenges and risks for operators and traders.

Once a cryptocurrency has been mined, an owner has no obvious way of monetising it other than via OTC (over-the-counter) transactions or the small, albeit growing, number of businesses that accept it, which can involve significant trust and verification issues.