Australian Government reintroduces Equity Crowdfunding Bill

Governments focusing on fintech to create or change regulation and stimulate growth are increasingly turning towards crowdfunding as a fast-growing segment of alternative finance. Last week, the Australian government made a second attempt to introduce crowdfunding-specific legislation, after being deferred by the Senate earlier this year.

The first attempt failed after senators claimed that the Senate committee in charge of compiling the legislation had unfairly dismissed stakeholders’...

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