Key Takeaways:
- Blockchain Australia has rebranded as the Digital Economic Council of Australia (DECA) to attract a wider range of fintech firms and banks.
- DECA aims to bridge the gap between banks and crypto firms, addressing de-banking issues, with a new focus on AI, Web3, and cybersecurity.
- The Senate Committee on Economics Legislation recently rejected the Digital Assets (Market Regulation) Bill 2023, advocating for continued industry consultation.
Blockchain Australia has rebranded as the Digital Economic Council of Australia (DECA) to attract a broader range of fintech firms and banks.
This change includes new membership categories for various sectors, including banks, many of which have blocked crypto exchanges.
"Blockchain Australia is evolving once again. It is my absolute pleasure to announce the evolution of Blockchain Australia into the Digital Economy Council of Australia over the next few months." Our new CEO @amydashrose introduces the start of exciting things to come! #BW2024 pic.twitter.com/qH2rempy98
— Blockchain Australia (@BlockchainAUS) June 11, 2024
The rebranding aligns with CEO Simon Callaghan’s resignation, with Amy-Rose Goodey stepping in as managing director.
Day 1 of #BW2024 opening with our outgoing CEO Simon Callaghan. A very, very big thank you to Simon for his tireless efforts for our association over the past year, helping to ensure we are in a strong position to embark on our new era with confidence. pic.twitter.com/kPxt13w4sf
— Blockchain Australia (@BlockchainAUS) June 11, 2024
Goodey highlighted the organization’s expanded focus to represent diverse digital economy sectors, such as AI, Web3, and cybersecurity.
DECA aims to bridge the gap between banks and crypto firms, addressing the de-banking issues faced by the industry.
.@BlockchainAus rebrands to Digital Economy Council of Australia to advocate for Australia’s growing digital economyhttps://t.co/99DI4JWOxP #australianfintech #fintech #fintechnews #technology #tech #technews #blockchain #blockchaintechnology #digitaleconomy
— Australian FinTech (@austfintech) June 11, 2024
Goodey emphasized the need for regulatory frameworks to ensure banks’ confidence and market certainty.
The Senate Committee on Economics Legislation recently rejected the Digital Assets (Market Regulation) Bill 2023, advocating for continued industry consultation for effective digital assets regulation.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
His articles offer a deep dive into the latest trends, projects, and technological advancements shaping the future of digital finance.
Check Efe out on:
