Australia’s financial regulator has warned that the country risks falling behind as blockchain-driven tokenization reshapes global markets, urging swift action to modernize regulations and embrace innovation. Speaking at the National Press Club in Canberra on November 5, Australian Securities and Investments Commission (ASIC) Chair Joe Longo said tokenization, the process of turning real-world assets into digital tokens, is transforming capital markets worldwide. Source: ASIC He cautioned that unless Au ...