Why Australia’s $17B crypto opportunity depends on regulation

Why Australia’s $17B crypto opportunity depends on regulation

3.23%TRX$0.3262 0.46%LINK$9.43 2.11%ADA$0.2539 3.33%BCH$439.98 0.55%XRP$1.43 3.51%ETH$2,331 0.73%BTC$74,467 0.46%XMR$343.72 1.27%BNB$628.56 1.12%XLM$0.1652 5.38%SOL$86.75 2.43%HYPE$43.75 1.27%USD Written by Dilip Kumar Patairya,Staff WriterReviewed by Rahul Nambiampurath,Staff EditorWhy Australia’s $17B crypto opportunity depends on regulation4 hours agoAustralia’s A$24B digital asset opportunity hinges on regulation. Clear rules could drive tokenized markets, faster payments and institutional investment. Australia could generate A$24 billion, or about $17 billion, annually from digital assets and tokenized finance. But that opportunity depends on whether policymakers establish clear and supportive regulatory frameworks. Tokenization could transform financial markets by improving liquidity, automating settlement processes and expanding investor access to assets such as foreign exchange,

Source: https://cointelegraph.com/news/australia-tokenized-finance-regulatory-framework?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound