ASIC Chair Warns — “Innovate or Stagnate”

[johnblockbuster]

Australia risks being left behind unless it embraces financial technologies like asset tokenization, warns ASIC Chair Joe Longo.

Speaking at the National Press Club, Longo said, “The choice is innovate or stagnate — evolve or become extinct.”

With over $35.8B in tokenized assets worldwide, analysts predict the market could surge to $16T by 2030.

[EmTeam]

Exactly. Stalling innovation only pushes talent elsewhere.

[Rimon Khan]

That’s the kind of mindset regulators everywhere need to hear.