#148 - Australia's New Crypto Laws Are Coming. Here's What Changes.

Matthew sits down with Blake Cassidy, CEO of Bamboo and co-host of Crypto Curious, to unpack one big idea: how everyday investors can safely build wealth in crypto. They break down why insurance in crypto is often more marketing than meaningful, how upcoming Australian regulations (ASIC guidance and Treasury’s draft legislation) will reshape exchanges, and why custody rules requiring $10m in reserves could change the game for smaller platforms. This is one you don’t want to miss!Join Matthew's Crypto Collective community for FREE and kickstart your crypto journey! How to retire early & wealthy, how to navigate crypto, how to convert your Super to Bitcoin and expert strategies from a multi 7-figure investor: 👉 https://www.skool.com/matthewfraserBorrow against your Bitcoin without selling! No pay slips, No tax returns, No credit checks required. Get 0.25% off your loan: https://platform.ledn.io/join/Collective👉 COINSTASH: #1 Australian Crypto Exchange for your SMSF Sick of your super sitting in stale shares and managed funds? With Coinstash, you can take control of your SMSF and invest directly into crypto.Get $100 free Bitcoin when you open a new SMSF account: 👉 https://coinstash.com.au/auth/signup?a=cryptocollective👉 COINSTASH: #1 Australian Crypto Exchange for personal use Just getting started? Open a personal Coinstash account, make your first deposit, and you’ll get $20 in Bitcoin to kick things off. 👉 https://coinstash.com.au/auth/signup?a=cryptocollective👉 𝗣𝗥𝗢𝗧𝗘𝗖𝗧 𝗬𝗢𝗨𝗥 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 - 𝗙𝗥𝗘𝗘 𝗖𝗢𝗡𝗦𝗨𝗟𝗧𝗔𝗧𝗜𝗢𝗡! Stop worrying about the security of your Bitcoin and let the cyber security experts, The Bitcoin Way, take the stress away. Book a free 30-minute consultation here: 👉 https://bit.ly/TheBitcoinWay-Schedule-a-Call👉 MiningStore AustraliaLearn more about Matt’s work with MiningStore and explore insights on mining, investing, and the future of digital assets. 👉 https://www.miningstore.com.au/matt-fraser-crypto-collective/👉 Imperial Wealth Crypto ConsultationBook a free crypto strategy call with the Imperial Wealth team and get personalised guidance on building your investment roadmap.👉 https://imperialwealth.com/consultation/crypto?iwac=CryptoCollective👉 𝗪𝗢𝗥𝗞 𝗪𝗜𝗧𝗛 𝗨𝗦. Collabs, sponsorships, and cool stuff, hit us up at: [email protected] fakes- Follow the ‘real’ Matthew Fraser:https://www.instagram.com/immatthewfraser/https://www.tiktok.com/@immatthewfraserhttps://www.facebook.com/immatthewfraser/https://x.com/MatthewFra87388https://bit.ly/MatthewFraserLinkedInFollow Blake Cassidy :https://www.youtube.com/@cryptocuriouspodcasthttps://www.instagram.com/cryptocurious_podcast/https://www.getbamboo.io/?utm_source=linktree&utm_medium=social&utm_campaign=bioTimestamps:00:00:00 Introduction00:01:10 – Insurance in Crypto: Marketing vs Real Protection00:01:54 – Bamboo Explained: Micro-Savings & Dollar-Cost Averaging Made Simple00:02:57 – Medium-Term Savings Goals: Holidays, Gifts & Lifestyle Wins00:04:27 – Mortgage Strategies: Allocating into Bitcoin via Repayment Adjustments00:04:48 – Why Bamboo Keeps It Simple: Bitcoin, Ethereum, Gold & Silver00:05:06 – Kevin O’Leary & JP Morgan Go Bitcoin + Ethereum Only00:05:47 – ASIC Guidance & Treasury Draft Legislation in Australia00:07:11 – $10M Custody Reserve Rule & Impact on Smaller Exchanges00:09:26 – Insurance Caveats & Why Exchanges Still Lose Millions00:12:01 – EU vs US Approaches: Privacy Coin Bans vs Free Market Rules00:15:31 – Price Drops & Why DCA Cushions Volatility00:19:13 – Why 95–98% of Traders Lose Money00:20:17 – Meme Coins & Skewed Perceptions of Success00:24:58 – Layer 2 Adoption: Ethereum Scaling & Institutional Interest