Sam Bankman-Fried delivered his keynote address at the Blockchain Week event in Sydney remotely from the Bahamas on 21 March 2022 and answered a Q&A with the writer of this blog.
Bankman-Fried has become one of the most well-known faces and recognised names in crypto as the CEO of the FTX trading platform and Alamadea Research trading firm.
On how Australia is in a position to become the crypto-capital for the Asian Pacific Region, Sam said:
[other regions] haven’t played out as expected... I think that has really left an opening for someplace to kind of grab that and service that region.
Sam also took the opportunity to highlight FTX's strategy in launching in Australia. Explaining his vision for FTX to be licensed as well as regulated in as many jurisdictions and markets as possible, he said:
this is something that has been in the works for a number of months, and it’s been a really high priority for us as a company.
Sam also announced the FTX Australia launch, which was accompanied by members of the FTX Australia team at the ASX, which sees crypto derivatives and spot crypto trading offered under an Australian Financial Services Licence to Australian wholesale and retail users.
Blockchain Week is an annual event that runs in the month of March that brings together technology experts, academics, executives & government leaders who contributed significantly to the blockchain and digital assets landscape in Australia.
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