token mapping

It is reported that the Central Bank of Australia and the Ministry of Finance have held private meetings with executives from the international cryptocurrency industry to discuss the future of digital assets and regulation in the country. Tom Duff Gordon, Vice President of International Policy at Coinbase, submitted an exchange of views on the token mapping consultation document released by the Ministry of Finance last month. Token mapping is the process of identifying key activities and functions of products in an encryption ecosystem and mapping them to existing regulatory frameworks. The Australian Ministry of Finance held consultations with institutions such as Coinbase on digital assets and regulation Analysis based on this information:The Central Bank of Australia and the Ministry of Finance have reportedly held private meetings with executives from the international cryptocurrency industry to discuss the future of digital assets and regulation in the country. This move highlights the government’s willingness to work with the industry to shape a regulatory…