Blockchain Australia urges players to tackle crypto scams

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Simon Callaghan, the new CEO of Blockchain Australia, encourages all related crypto parties to band together to tackle the increasing number of cryptocurrency scams the industry is facing.

Callaghan addressed the issue at the Australian Blockchain Week conference, saying that banks in the country, the government, and players in the crypto space should work with a unified effort to beat scams in the space. He noted that the association will be focused on helping reduce and prevent scams in crypto to protect users in the industry. He stated:

We’re going to have to work with the banking sector. We’re going to have to work with the government.”

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