Despite the potential influence of 2 million pro-crypto voters in the Australian Federal Election, crypto has not been a focal point. Both major parties, ALP and Liberal, are now pledging to implement crypto regulations in consultation with the industry after years of inaction. The Libertarian Party has proposed a Bitcoin policy, while the Greens and One Nation have differing stances. The ALP government, despite delays, is showing a shift towards recognizing the economic potential of digital assets. The industry is hopeful for the introduction of legislation by 2025. The Stand With Crypto campaign is advocating for a Crypto-Asset Taskforce post-election. The industry is urging for swift action to avoid falling behind. Both major parties are engaging with industry concerns, indicating bipartisan support for crypto legislation. The upcoming election is crucial for the future of crypto regulations in Australia. Read more AI-generated news on: https://app.chaingpt.org/news

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