Australia's crypto crackdown is taking shape with the government revealing the next steps in its bid to regulate digital currencies. Treasurer Jim Chalmers wants to make crypto exchanges and digital asset platforms subject to existing Australian financial services laws. The government is also proposing to make platform operators get an Australian financial services licence. Platforms that hold over $1500 of an individual's assets or $5 million in aggregate will be covered by the changes. Minimum standards for digital assets such as tokens are also being reviewed. About a quarter of Australians own some sort of crypto ... (full story)