Coinbase urges crypto reform ahead of Australian election
The crypto exchange warns Australia could miss out on Web3 growth unless the next government moves swiftly with clear legislation.
Coinbase is urging Australians to back digital asset reform, warning the country risks falling behind in global crypto innovation.
The exchange’s APAC Managing Director, John O’Loghlen, described the current policy environment as vague and unfit to support long-term growth in the sector.
The company outlined five urgent priorities for the next government. These include forming a crypto taskforce within 100 days and addressing the country’s worsening debanking problem. It also called for enabling stablecoin use and providing clearer tax rules for Web3 projects….
