CEOs Corner: MP Dr Andrew Charlton’s support for Digital Assets

Dr Andrew Charlton’s recent comments on the vital role that digital assets, blockchain, and cryptocurrency will play in Australia’s future are well made. View his full speech here: Andrew Charlton on X.

We are truly at a critical juncture when it comes to the future of financial services in this country.

There is no denying that tokenisation, blockchain, and yes, cryptocurrency, are all integral parts of our financial landscape going forward. Over a quarter of Australians already hold crypto. Young people, in particular, are embracing this technology in response to their growing disillusionment with a system that hasn’t worked for them.

This rising sense of distrust is not just a passing trend. It’s a reflection of a broader dissatisfaction with an outdated status quo. For these Australians, cryptocurrency represents an alternative that is more transparent, more inclusive, and more reflective of their values.

As I recently discussed in my op-ed for the Australian Financial Review, 'Bitcoin is Back. But Australia is lagging on crypto innovation', the digital assets sector is moving at pace, but legislation has not kept up.

The absence of clear and robust regulation is one of the key barriers preventing all Australian businesses from fully capitalising on the potential of digital assets. We need regulatory certainty to ensure the sector can continue to innovate responsibly, protecting consumers and encouraging investment.

We must recognise that ignoring this shift, or dismissing its potential, will only leave Australia behind. It is essential that we foster an environment that places Australia as a leader in the global digital economy.

Dr Charlton’s support for the sector is a crucial step in ensuring that we embrace this change, rather than fear it.

At BTC Markets, we are excited to be part of this transformation. We welcome the ongoing support from voices like Dr Charlton. We look forward to continuing our work with policymakers, industry leaders, and global partners to shape the future of finance in Australia. The time to act is now. Together, we can build a resilient, inclusive, and future-proof financial ecosystem.

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