Crypto lobby turns sights on Australia
Some 20 per cent of Australian adults hold some form of cryptocurrency, according to Duff Gordon, but the nation finds itself at a regulatory impasse, preventing further adoption and investment.
“We lack a licensing framework for crypto asset providers, so we’re lacking certainty,” he said. “This government and the previous government have done a lot of work with the industry, so we’re supportive of the direction, but we need it to be actualised.
I don’t really see a role for [crypto] in, certainly in the Australian economy or payments system
RBA governor Michele Bullock
“It hasn’t been prioritised by the (Labor) government, so we would love for them to step forward.”
It comes after Reserve Bank governor Michele Bullock…
