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08.12 - 12:29
Australia mustn’t ‘fear the unknown’ as Senator voices support for DeFi, crypto
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There has been a paradigm shift in the digital finance ecosystem. It started from the early stages of the Internet to Layer 1 cryptocurrencies such as Bitcoin. Now, there’s Decentralised Finance or DeFi, also called the “Wild West” of crypto.
This space has seen a lot of traction over the past year and a half. Consider this – The total value locked has risen from $17B in November 2020 to $257B today. Needless to say, popular quotes like “innovation begins as disruption and ends as a household name” are being thrown around to refer to DeFi these days.
That’s exactly what this Australian Senator believes.
<p lang=«en» dir=«ltr» xml:lang=«en»>Crypto “is not a fad.” Listening to @SenatorHume talk of the incredible opportunity for #DeFi in Read more on ambcrypto.comAbout this in other media
Australian women owning crypto has doubled in 2021: Survey cointelegraph.com /2 years ago
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Cryptocurrency in Australia 2021 cryptonews.com /2 years ago
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