Will Australia risk falling behind in crypto infrastructure race?

InvestorDaily

Build it here or import later – that’s the warning from BTC Markets CEO Lucas Dobbins, who says Australia is at a critical institutional crossroads in digital finance infrastructure. According to Dobbins, Australia risks becoming a consumer of offshore digital finance infrastructure rather than a builder of its own domestic systems, unless local operators move quickly to develop regulated, institutional-grade market infrastructure. Speaking at the recent DECA Conference in Sydney, Dobbins said Australia already has the regulatory signals and technical foundations needed to modernise its financial market infrastructure.

The real question, he argued, is whether that infrastructure is built under Australian law, supervised by Australian regulators, and operated by Australian market participants. “Australia has modelled what next-generation market infrastructure could look like,” Dobbins said. “Regulators have made clear that innovation sits within their remit. The question now is who builds it, where it is built, and under whose rules it operates.”

The rest of this article can be found at investordaily.com.au.