{"id":419236,"date":"2022-03-21T08:50:03","date_gmt":"2022-03-21T05:50:03","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sbf-opens-aussie-blockchain-week-as-govt-says-were-open-for-business\/"},"modified":"2022-03-21T08:50:03","modified_gmt":"2022-03-21T05:50:03","slug":"sbf-opens-aussie-blockchain-week-as-govt-says-were-open-for-business","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sbf-opens-aussie-blockchain-week-as-govt-says-were-open-for-business\/","title":{"rendered":"# SBF opens Aussie Blockchain Week as govt says we\u2019re \u201copen for business\u201d"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3b6a81a975b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3b6a81a975b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/sbf-opens-aussie-blockchain-week-as-govt-says-were-open-for-business\/#%E2%80%9D_SBF_opens_Aussie_Blockchain_Week_as_govt_says_were_%E2%80%9Copen_for_business%E2%80%9D_%E2%80%9C\" >&#8221; SBF opens Aussie Blockchain Week as govt says we\u2019re \u201copen for business\u201d &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_SBF_opens_Aussie_Blockchain_Week_as_govt_says_were_%E2%80%9Copen_for_business%E2%80%9D_%E2%80%9C\"><\/span>&#8221; SBF opens Aussie Blockchain Week as govt says we\u2019re \u201copen for business\u201d &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvMTE5M2U0MjctY2E2Mi00MjA2LTkxMGEtODUyODBhODRjYzVmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>FTX CEO Sam Bankman-Fried gave the opening keynote at this year&#8217;s Blockchain Week, with the events of day one held at the headquarters of the Australian Securities Exchange (ASX).\u00a0<\/p>\n<p>Addressing the event remotely from the Bahamas, Bankman-Fried used his keynote to announce the launch of FTX Australia, localizing one of the world&#8217;s largest crypto exchanges by volume. FTX is the naming rights sponsor for the event.<\/p>\n<blockquote><p>\u201cThis is something that has been in the works for a number of months, and it\u2019s been a really high priority for us as a company.\u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Really excited to launch FTX: Australia!<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ZcBNEuyiG9\">https:\/\/t.co\/ZcBNEuyiG9<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/jGumMSXMW3\">https:\/\/t.co\/jGumMSXMW3<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/rABSI5Y81O\">https:\/\/t.co\/rABSI5Y81O<\/a><\/p>\n<p>\u2014 SBF (@SBF_FTX) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1505683776722120704?ref_src=twsrc%5Etfw\">March 20, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nAccording to Bankman-Fried, the launch in Australia is part of a larger move for the exchange to be licensed and regulated in as many countries as possible. <\/p>\n<p>He said that the world is \u201cvery much\u201d looking for a regional hub in APAC for crypto, stating that other locations in the region \u201chaven\u2019t played out as expected\u201d.<\/p>\n<p>\u201cI think that has really left an opening for someplace to kind of grab that and service that region,\u201d he added.<\/p>\n<p>Australia is looking to market itself as a crypto hub, with comments from the Federal Minister for Financial Services and the Digital Economy, Senator Jane Hume, stating that the country is \u201copen for business\u201d when it comes to cryptocurrencies.<\/p>\n<p>Giving her address at the conference, Hume said that the crypto ecosystem is the new frontier, adding: <\/p>\n<blockquote><p>\u201cIf you want to be a pioneer on the virtual frontier of innovation, Australia is open for business. As the Minister for the digital economy and the Minister for financial services, I personally am backing you.\u201d<\/p><\/blockquote>\n<p>The comments echoed those of her colleague, Senator Andrew Bragg, who provided the opening address to the conference. Bragg used his speech to announce the proposal of legislation to reform regulations for decentralized autonomous organizations (DAOs), de-banking, taxes, and licensing for crypto firms in Australia.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Australia\u2019s plan to create a crypto competitive edge in 12 steps<\/em><\/strong><\/p>\n<p>Comparing crypto to the internet boom in the late 1990s, Hume stated that the digital asset economy could add around 2.6% to Australia\u2019s GDP and create around 200,000 new jobs by 2030, and warned that Australia could \u201cmiss out\u201d if the incorrect regulatory framework is <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lied.<\/p>\n<blockquote><p>\u201cWe want to encourage innovation in crypto assets, because innovation is what creates prosperity, it\u2019s what creates jobs and economic growth.\u201d<\/p><\/blockquote>\n<p>\u201cThere are so many innovative use cases for crypto assets, many of which are now not at all far away from becoming mainstream,\u201d she stated. <\/p>\n<p>According to the latest opinion <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.theaustralian.com.au\/nation\/newspoll\">poll<\/a>, the current government is sitting a full 10 points behind the opposition on a two-party preferred basis. A looming federal election in May might jeopardize the plans of Senators Bragg and Hume, but a pro-crypto stance could be the governments&#8217; strategy for re-election, swaying younger voters towards the coalition.<\/p>\n<p>Other speakers of note at day one of the five-day event Blockchain Week include Kris Marszalek, CEO of Crypto.com, Leigh Travers, CEO of Binance AU, Brooks Entwistle, SVP of Global Customer Success and Managing Director of APAC and MENA at Ripple, and Joseph Lubin, Co-founder of Ethereum.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/sbf-opens-aussie-blockchain-week-as-govt-says-we-re-open-for-business\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; SBF opens Aussie Blockchain Week as govt says we\u2019re \u201copen for business\u201d &#8220; FTX CEO Sam Bankman-Fried gave the opening keynote at this year&#8217;s Blockchain Week, with the events of day one held at the headquarters of the Australian Securities Exchange (ASX).\u00a0 Addressing the event remotely from the Bahamas, Bankman-Fried used his keynote to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":419237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvMTE5M2U0MjctY2E2Mi00MjA2LTkxMGEtODUyODBhODRjYzVmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[76555,74860,20358,71511,55229,72692,70934],"class_list":["post-419236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-conference","tag-cryptocurrency-exchange","tag-australia","tag-government","tag-law","tag-legislation","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/419236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=419236"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/419236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/419237"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=419236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=419236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=419236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}