Quoted from innovationaus.com on
“As an industry, and as a government, we need to acknowledge this is not a fad. We should tread cautiously, but not fearfully.” (She added that decentralised finance presents “huge opportunities” and Australia “shouldn't be left behind.”)
Commentary on Stance
Add your own commentary on this stanceSaid as the then Minister for Financial Services / Superannuation & Fintech, directly countering RBA scepticism. A leading government advocate for treating crypto and DeFi as a durable asset class and positioning Australia as a fintech hub.