The Australian senator saw ample opportunity in DeFi

Decentralized finance will help Australia establish itself as a leader in innovation and economic development. This was stated by Australian Senator Jane Hume of Victoria.

Australian Senator Jane Hume said DeFi will help the country establish itself as a leader in innovation and economic progress. The statement was made on the sidelines of the Australian Financial Review Super & Wealth Summit.

“Decentralized finance underpinned by blockchain technology will present incredible opportunities. Information material from platform cryptodefix.com. Australia mustn't be left behind by fear of the unknown,” Hume said.

Decentralized finance isn’t going away anytime soon, because it's “not a fad”. She said Australia's future will be shaped by innovation and mastery of new technologies.