“Others Are Outpacing Us,” Says ASIC’s Joe Longo

[johnblockbuster]

ASIC Chair Joe Longo says Australia is falling behind global markets adopting blockchain and tokenized finance.

Countries like the U.S. are exploring 24/7 trading and tokenizing bonds, stocks, and funds, while JPMorgan and BlackRock drive large-scale innovation.

“Distributed ledger technology could transform capital markets like CHESS once did,” Longo said.

[EmTeam]

At least he’s honest — regulation is lagging behind innovation.

[Rimon Khan]

Acknowledging the gap is the first step toward catching up.

[Swipe]

Recognition is progress — now it’s time for action, not just observation.

[The_Walking_Dead]

Australia has the talent and infrastructure — it just needs regulatory confidence.

[Capybara_Capybara]

Catching up is possible, but global markets won’t wait.

[Revenant]

Time to turn “falling behind” into “leap ahead,” kangaroo style. 🦘