{"id":152483,"date":"2025-03-04T20:00:55","date_gmt":"2025-03-04T18:00:55","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152483"},"modified":"2025-03-04T18:36:50","modified_gmt":"2025-03-04T16:36:50","slug":"australia-focuses-on-crypto-regulation-no-plans-for-national-reserve","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/australia-focuses-on-crypto-regulation-no-plans-for-national-reserve\/","title":{"rendered":"Australia Focuses on Crypto Regulation, No Plans for National Reserve"},"content":{"rendered":"

While President Trump revealed intentions to include popular cryptocurrencies like Bitcoin<\/a><\/strong>, Ethereum<\/a><\/strong>, and Solana<\/a> <\/strong>in a strategic reserve, Australia\u2019s government remains focused on regulating the crypto sector rather than adding digital assets to its financial reserves.<\/p>\n

The Albanese Government, currently in power, has instead prioritized creating a strong regulatory framework for digital assets. A government spokesperson emphasized their commitment to building a system that supports blockchain innovation while ensuring digital asset platforms are properly regulated. This stance comes amid a period of political uncertainty, with a federal election required by May 17, potentially shifting the country\u2019s crypto approach.<\/p>\n

Industry insiders like Tom Matthews of Swyftx have pointed out the risks involved in establishing a crypto reserve, particularly the volatility and concentration risks posed by digital assets. Matthews suggests a sovereign wealth fund dedicated to long-term crypto investments might be a more viable approach. Meanwhile, Kraken\u2019s Jonathon Miller stressed that crypto is already viewed as an investment-grade asset by funds and sovereign wealth entities, underscoring its growing legitimacy in global finance.<\/p>\n