Australia’s second go at regulating crowdfunding

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Crowdfunding is one of the fastest-growing segments of alternative finance, and as a result, fintech-friendly governments are increasingly looking at creating or changing regulation to stimulate its growth. The Australian government is one such body: this week it made a second attempt to introduce crowdfunding-specific legislation, according to ZD Net. The first attempt failed after senators claimed that the Senate committee in charge of compiling the legislation had unfairly dismissed stakeholders’ concerns.

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