Over the past 2 years, I’ve seen the Australian crypto regulatory ecosystem change a lot. Specifically, the amount of different agencies at a federal level entering the blockchain space has continued to increase. As a result, there is a growing complexity of departments, agencies and organisations who are playing different roles as the industry matures.
Furthermore, there is various Acts, pieces of legislation and initiatives being run by these agencies. No longer is it ‘easy’ to determine who does what and the role they have. Consequently, I decided to create a chart that shows each agency and what they are working on.
Hopefully, the map makes it a bit easier for anyone wanting to learn a bit more about what our landscape looks like. I plan on refining it over time and adding more agencies and resources as they become known.
The Australian Crypto Regulatory Ecosystem
This map was has been designed to show which agency does what. Moreover, it also shows which pieces of legislation apply in Australia.
Simply put, its a brief summary of each agency and what their function is within the cryptocurrency industry. At the bottom of this post is a section containing links to all resources mentioned in the map.
Links & Resources
Here are links to the main websites and resources shown in the graphic. Other than the main websites, are links to the specific cryptocurrency information that has been put out by these agencies.
Australian Securities & Investment Commission
Australian Tax Office
Australian Competition and Consumer Commission
Beau is the Founder & Chief Editor at Cryptocurrency Australia Media, an educational platform designed to help anyone learn about cryptocurrency investment and blockchain technology. Beau is also the Founder & Principal Consultant of Blockchain Management Solutions, a specialist technical and project management consultancy, is an advisor with Masternode Ventures, a blockchain incubator, and is an advisor with THORChain, a new decentralized exchange protocol.