CANBERRA, ACT, March 21 -- The Treasurer of Australia issued the following media release:

The Albanese Government is developing a fit for purpose digital asset regime to help build a more dynamic and competitive economy.

Today we have released a Statement on Developing an Innovative Australian Digital Asset Industry to provide clarity and certainty to the digital assets sector.

This Statement makes it very clear to the entire digital asset industry that we welcome, encourage and want to foster more of your innovative ideas.

We know that digital assets and blockchain represent big opportunities for our economy, financial sector, payments industry and capital markets.

We want to seize these opportunities and encourage innovation at the s...