Australian Crypto Executives Signal Crypto Growth Despite Challenges
Australian crypto executives see positive regulatory momentum and user growth, though banking barriers and regulatory clarity remain significant challenges.Summary
Australian crypto executives, speaking at the XRP Australia 2026 event, noted significant progress in user adoption and regulatory understanding, with Coinbase's APAC MD John O’Loghlen highlighting upskilled government teams and growing institutional interest via crypto ETFs. Adoption reached 31% in 2025, according to Independent Reserve data, with OKX Australia CEO Kate Cooper pointing to growth from sophisticated traders and Self-Managed Super Fund (SMSF) trustees seeking diversification. However, major issues persist, notably ongoing banking barriers (debanking) that Cooper stated have seen no improvement, and a need for regulatory settings that support innovation. Legal expert Bill Morgan described the current regulatory landscape as being in a 'wait and see' mode due to an ongoing ASIC appeal against Block Earner and potential legislative slowdown following a change in government.
(Source：Cointelegraph)