Analysis: Digital financial reform could increase Australia's GDP by 1% annually.

CoinVoice

CoinVoice has recently learned that, according to Decrypt, the latest research from the Australian Digital Economy Conference shows that digital financial innovation and asset tokenization can bring billions of dollars in economic benefits to the country each year. The forex market potential reaches $4.8 billion, cross-border payments amount to $7.6 billion, and there are significant opportunities in submarkets such as private credit ($1.34 billion) and public debt ($1.07 billion).

The Digital Finance Cooperation Research Center pointed out that if the current development speed is maintained, it will only achieve an annual revenue of about 1.8 billion USD by 2030, which is less than half of the potential value. OKX Australia CEO Kate Cooper emphasized that regulatory clarity and smooth banking channels are key to unlocking the market potential of 19 billion USD, and the implementation of the Treasury’s digital asset system needs to be accelerated.

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