Cryptocurrency exchanges are considering the upcoming federal election in Australia as a pivotal moment for their industry and are investing heavily to ensure the regulation of digital assets remains a key focus for the winning party.
Caroline Bowler, CEO of BTC Markets, confirmed to Capital Brief that numerous exchanges, including her own, have contributed financially to both the Labor and Liberal parties in anticipation of the election, although the exact election date has yet to be announced. “Our political donations to both parties are the most we’ve ever made,” Bowler stated.
“This election is crucial for us… While I’m not so arrogant to suggest this is the only issue of importance in the country, we cannot afford to miss this opportunity,” Bowler emphasized.
