The Australian Federal Government is keen to better regulate payments made with digital currency. How will this benefit average Australians?

The Australian Federal government has announced a plan to regulate digital payment methods, including cryptocurrency assets.

An advertisement for Bitcoin, one of the cryptocurrencies (AAP) Source: AAP

Treasurer Josh Frydenberg says it'll be the largest reform to Australia's payment system in 25 years.  The hope is that in future cryptocurrency exchanges customers who make cryptocurrency payments or investments will be protected by law.

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