As global crypto adoption accelerates, leaders caution that Australia risks falling behind if it fails to act.
Australia stands at a crossroads in digital finance, with regulatory uncertainty threatening its competitive edge. Without clearer policies, businesses, startups, and independent investors may struggle to thrive in the evolving blockchain landscape.
Speaking with Caroline Bowler, CEO of BTC Markets, Simon Kennedy MP, Member for Cook for The Australian Liberal Party, warns that Australia risks falling behind global leaders in fintech innovation. With a background in public sector consulting and technology investment, Kennedy believes fostering a blockchain-friendly environment is crucial. He urges policymakers to take decisive action to support the crypto economy before opportunities slip away.