Australian Report Endorses Financial System innovation as Authorities Launch Investigation into Crypto Crime

In light of the Murray report released in November, the Australian Digital Currency Commerce Association (ADCCA) welcomes the several recommendations issued by the Financial Systems Inquiry, including broadening the types of entities that qualify for an Australian Financial Services License and have access to the Government's Document Verification Service, as well as developing a national strategy group, dubbed the "Innovation Collaboration."

"I am delighted with the foresightedness of the Murray Report in recognizing the need to update regulations to encourage innov