You can see the rules and regulations in other jurisdictions.
A fintech business may also need to hold an Australian market licence if they operate a facility where offers for the purchase and sale of financial products are regularly made and accepted (e.g., an exchange). An entity operating a clearing and settlement mechanism that enables parties transacting in financial products to meet obligations to each other must hold a clearing and settlement facility licence or be exempt from the requirement.1
“Artificial intelligence would be the ultimate version of Google. The ultimate search engine that would understand everything on the web. It would understand exactly what you wanted, and it would give you the right thing. We're nowhere near doing that now. However, we can get incrementally closer to that, and that is basically what we work on.”Larry Page
American business magnate, computer scientist, internet entrepreneur and Google co-founder
