Cryptocurrencies

Australian Crypto Exchange Head Welcomes Industry Regulation

  • BTC Markets CEO Bowler praises regulatory framework in EU
  • Bowler says local market needs similar ‘progressive’ approach
Photographer: Christinne Muschi/Bloomberg
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Australia risks being left behind if regulation of the local cryptocurrency industry doesn’t support innovation, according to the head of the nation’s largest digital asset exchange.

It would be a “real shame for Australia if we don’t take this bull by the horns,” BTC Markets Chief Executive Officer Caroline Bowler said in a Bloomberg Television interview Wednesday.