Publication
ASIC approves ABA’s revised Banking Code: What you need to know
The Australian Securities and Investments Commission (ASIC) approved the Australian Banking Association’s (ABA) updated Banking Code of Practice (2025 Code)
In his Blockchain Law column, Robert A. Schwinger addresses the question of where crypto fits in among all the terms the law uses to describe concepts that relate, however closely or loosely, to money. As cryptocurrency use becomes increasingly common in commercial activity, courts have found themselves having to grapple with how to characterize this new form of asset.
For all the discussions had about cryptocurrency, a very basic question often gets ignored: Just what is it that we’re talking about when we talk about crypto? Where does crypto fit in among all the terms the law uses to describe concepts that relate, however closely or loosely, to money? As cryptocurrency use becomes increasingly common in commercial activity, courts have found themselves having to grapple with how to characterize this new form of asset.
Publication
The Australian Securities and Investments Commission (ASIC) approved the Australian Banking Association’s (ABA) updated Banking Code of Practice (2025 Code)
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