Tech Council report By Cointelegraph

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Digital assets could add $40B a year to Aussie GDP: Tech Council report

Up to $40 billion a year (AU$60 billion), could be added to Australia’s national GDP with the right regulatory framework and could lead to enormous cost savings for consumers and businesses according to a new report.

The Nov. 29 Digital assets in Australia report was commissioned by the Tech Council of Australia (TCA), one of the country’s technology industry advocacy groups, and written by technology consulting firm Accenture (NYSE:), which outlined a number of potential benefits the growth of the digital assets sector in Australia could deliver, stating:

Potential economic and social benefits of the digital assets sector in Australian dollars. Source: Digital assets in Australia 2022 report.