Coinbase Asia Pacific General Manager: Australian policymakers and TradFi companies have not yet realized the level of innovation in the country's cr

John O'Loghlen, the Managing Director of Coinbase in the Asia-Pacific region, stated that Australia is ready for the next wave of cryptocurrency "unicorns" (startups valued at over $1 billion), but they will only appear once cryptocurrency regulations become clearer. Australian policymakers and TradFi companies have yet to realize the level of innovation in the country's cryptocurrency industry. We must clarify legislation regarding digital assets so that the industry can receive appropriate funding and provide certainty for venture capitalists and other investors, allowing us to continue building the next Illuvium or Immutable, which is crucial.