The correct regulatory framework might add $40 billion to Australia's GDP annually.

Digital assets might reduce retail payments expenses by 80% by 2030, according to a report.

Automating tax compliance and administration saves Australian firms 200 million hours per year and 400,000 hours on business loan documents.

International digital asset transactions might save consumers $2.7 billion per year.

DAOs enhance public trust by making decisions, transactions, and procedures "automatic and transparent," according to the paper.

Australia's central bank, the Reserve Bank of Australia (RBA), released a whitepaper Sept. 26 explaining the minting and issuance of an Australian CBDC, termed the eAUD.

2023 legislation will safeguard investors and promote innovation.

30,000 Australian investors and 132 companies have funds locked up with FTX, according to the AFR.