The Coinbase-backed policy initiative has expanded to Australia in a bid to educate local policymakers on the benefits of blockchain.
The Coinbase-backed crypto advocacy group Stand With Crypto has expanded to Australia as part of a broader move to push for regulatory clarity and crypto-friendly policy in the country.
Tom Duff Gordon, vice president of international policy at Coinbase, said the overarching goal of the new offshoot of Stand With Crypto is to bring political attention to the myriad use cases of blockchain and encourage “sensible” legislation for crypto firms operating in Australia.
“We want to change the narrative from crypto just being related to fraud and scams. We want to show people the good use cases, and I think if we have that from a bottom-up grassroots movement as well as top-down advocacy, I think we can raise the profile crypto in Australia,” Duff Gordon said.
