From piperalderman.com.au: Australia’s Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 introduces significant reforms, expanding regulations to cover virtual assets, clarifying customer due diligence obligations, and streamlining compliance reporting processes.

The US SEC Crypto Task Force lays out ten priorities aimed at creating a clearer regulatory framework for cryptocurrency while enhancing collaboration with international regulators.

El Salvador has abandoned its classification of bitcoin as legal tender following an IMF deal, highlighted by limited local adoption and trust issues among citizens regarding the cryptocurrency.