Coinbase has called on Australian voters to support crypto reform in the upcoming May 3 election, emphasizing the need for clearer regulation to foster innovation and attract investment. Managing Director for APAC, John O’Loghle, criticized the current vague and underdeveloped policy environment surrounding digital assets. He outlined five key actions the next government should take, including launching a crypto taskforce, addressing debanking issues, enabling stablecoin usage, and providing tax clarity for Web3 development. Despite a significant percentage of Australians engaging with crypto, regulatory uncertainty is pushing talent and capital to more crypto-friendly jurisdictions. With the election on the horizon, Coinbase aims to elevate the conversation around crypto regulation amid other pressing national issues like cost of living and healthcare.

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