As crypto winter sets in once more, industry players in Australia, one of the worlds most crypto-friendly nations, watch closely for a shift in the regulatory climate.
Anthony Albanese, the new Australian Labor Party prime minister, has made regulating crypto a top priority. However, neither he nor his cabinet has given a clear indication of how it may approach the unregulated space.
No word yet on whether Australia’s innovative crypto legislation will go through.Senator Andrew Bragg has been leading the push for better crypto laws down under.
Pioneer of self-regulation
Blockchain Australia developed a world-leading code of conduct.
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Australia is in a race with other countries toward better regulations and attracting investment.
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