randomm

Coinbase Urges Australia to Vote for Crypto Progress in May

Coinbase called on Australia to back crypto reform in the May 3 vote, warning lack of regulation is driving talent and capital offshore.

Australia’s federal election next month could decide the future of crypto in the country, according to a call to action from Coinbase urging voters to back progress on digital asset reform.

John O’Loghlen, Coinbase’s Managing Director for APAC, warned that despite soaring interest in digital assets, “Australia’s policy environment for crypto remains frustratingly vague and underdeveloped,” in a blog post on Monday.

“It’s now 2025, and we still don’t have clear rules to support innovation, protect consumers, and attract long-term investment,” O’Loghlen said.

Coinbase Urges Australia to Vote for Crypto Progress in May

Coinbase called on Australia to back crypto reform in the May 3 vote, warning lack of regulation is driving talent and capital offshore.

Australia’s federal election next month could decide the future of crypto in the country, according to a call to action from Coinbase urging voters to back progress on digital asset reform.

John O’Loghlen, Coinbase’s Managing Director for APAC, warned that despite soaring interest in digital assets, “Australia’s policy environment for crypto remains frustratingly vague and underdeveloped,” in a blog post on Monday.

“It’s now 2025, and we still don’t have clear rules to support innovation, protect consumers, and attract long-term investment,” O’Loghlen said.

https://decrypt.co/315022/coinbase-urges-australia-vote-crypto-progress-may