Australia tries again to combat ‘future sectors’ crypto scams By Cointelegraph

A consultation paper on a new framework for addressing consumer and business scams proposed by Australia’s Department of the Treasury considers applying sector-specific codes and standards to banking and cryptocurrency scams, among others.

The paper adds to the efforts of the Australian Competition and Consumer Commission (ACCC) to combat scams via the annual Scams Awareness Week initiative. It also reveals Australia’s plan to assign mandatory industry codes to each different type of scam.

Scams code framework proposed by the Australian Treasury. Source: