Blockchain Australia Senate Committee

Overview: This is Blockchain Australia’s third submission to this Inquiry. In seeking to keep this submission focused on the question of how to enhance regulatory certainty for crypto-asset service providers while also protecting their clientele, we have chosen not to include commentary or analysis on many other related issues that could have been addressed here in detail - such as CBDCs, ETFs, stablecoins, and other fintech and technology issues. This decision reflects our view, that a phased and graduated approach to building out a holistic regulatory framework is the overarching priority for the industry at this time, particularly with the accompaniment of a safe harbour.