How Australia Is Becoming A Cryptocurrency Continent: Markets, Regulations And Plans

From Cointelegraph

The very nature of cryptocurrencies dictate that regulation, control, and by extension, a centralized system, do not fit in with what they stand for. They are supposed to be totally decentralized, and therefore not dictated by many rules.
This made a lot of sense when cryptocurrencies were not in the spotlight, and not a major factor on the world stage. However, as mainstream adoption has increased, and more individuals have entered the market, so has the interest from governments and regulators around the world.

This has culminated with the G20 summit sitting down and discussing how to fit this decentralized financial system into today’s global society. However, one nation is forging its own path, not hanging around with a ‘wait-and-see’ attitude.

Australia has been very direct and positive in terms of cryptocurrency regulation and is already implementing some of its bigger plans, like exchange registration. However, their plans and rules relating to cryptocurrencies are not unreasonable, stifling, or damaging, rather, they could be viewed as progressive and potentially uplifting for both the country and cryptocurrencies in general.

It's good to see another country choosing to adapt to the brave new reality and not doing anything foolish like trying to ban crypto like some other major countries in the hemisphere. It looks like all the major English speaking markets are all on board now.