Australia’s elections are likely to yield pro-crypto laws, regardless of the victor. Both major parties express support for legislation that aligns with industry recommendations.
If elected, the Liberal Party aims to introduce draft regulations in the first 100 days, while the Labor Party has committed to releasing its draft in 2025.
A shift in sentiment is evident, with both parties acknowledging the crypto industry’s significance for economic growth and innovation, paving the way for much-needed regulations.
Leave a Reply