Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22–29

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Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22–29
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  • 📰 Cointelegraph
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You'll never guess what country is accelerating adoption.

. The NTRC has sent a private document out to licensees, which seeks input and feedback on what the regulatory landscape could look like to get crypto wagering off the ground in the Northern Territory. Should this go according to plan in the Northern Territory, other state gambling regulators would likely follow.

”MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floatingmay be the only choice for the decentralized autonomous organization. “Physical crackdown against crypto can occur with no advance notice and with no possibility of recovery even for legitimate innocent users. This violates two core assumptions that we used to understand RWA risk, making the authoritarian threat a lot more serious,” he stated.

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