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OKX Says Australia Could Unlock $24B Digital Finance Boom With Faster Crypto Rules

OKX Says Australia Could Unlock $24B Digital Finance Boom With Faster Crypto Rules

  • Australia could unlock $24B annually from digital finance reforms, equal to roughly 1% of GDP.
  • Efficiency gains are concentrated in markets, payments and tokenised assets, led by foreign exchange.
  • Without faster regulatory reform, only $1B may be realised by 2030, prompting calls for sandbox and licensing changes.

Australia risks missing out on $24 billion in annual digital finance gains unless it accelerates regulatory reform, according to research backed by OKX. The projected dividend, equivalent to about 1 per cent of GDP, is tied to advances in tokenised markets, digital payments and financial assets.

The report, produced by the Digital Finance Cooperative Research Centre with the Digital Economy…

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