Terms of Reference

Digital currency, with particular reference to:

(a) how to develop an effective regulatory system for digital currency that:

     (i) ascertains the most appropriate definition of digital currencies under Australian

         tax law,

     (ii) promotes competition and growth of the digital currency industry,

     (iii) ensures ongoing stability in the financial services industry,

     (iv) secures protection of consumers and businesses against illegal activity,

     (v) incorporates digital currencies into Australia's national security framework, and

     (vi) ensures the financial stability of the industry;

 

(b) the potential impact of digital currency technology on the Australian economy,

     including the:

      (i) payments sector,

      (ii) retail sector, and

      (iii) banking sector;

 

(c) how Australia can take advantage of digital currency technology to establish itself as a

     market leader in this field; and

 

(d) any other related matters.

Committee Secretariat contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540
Fax: +61 2 6277 5719
economics.sen@aph.gov.au

Facebook LinkedIn Twitter Add | Email Print

About this inquiry

Inquiry into how to develop an effective regulatory system for digital currency, the potential impact of digital currency technology on the Australian economy, and how Australia can take advantage of digital currency technology.

Past Public Hearings

07 Apr 2015: Sydney, NSW
04 Mar 2015: Canberra, ACT
26 Nov 2014: Canberra, ACT

more...

Inquiry Status

Submissions Closed

Accessibility

If you require any special arrangements to enable you to participate in the Committee's inquiry, please contact the Committee Secretariat.

Further information regarding accessibility can be found at www.aph.gov.au/Help/Accessibility

Back to top