ASIC Chief Warns Australia Risks Losing Edge as Global Markets Embrace Tokenization
Yahoo Finance·2025-11-06 20:39
Australia risks losing its competitive edge in global capital markets as other jurisdictions accelerate tokenization of financial assets, with the nation's securities regulator warning that inertia could force Australian issuers and investors offshore. While other countries rapidly embrace blockchain-based market infrastructure, Australian institutions remain "too comfortable with the status quo,” Australian Securities and Investments Commission Chair Joe Longo said, while speaking at the National Press C ...