In this engaging discussion, Ethan Timor, founder of Bitaroo, sheds light on Bitcoin's current standing in Australia. He addresses crucial regulatory challenges, including FATF and AFSL impacts on exchanges. The importance of self-custody is emphasized as a means of asset control. Ethan also shares insights on banks blocking transfers to exchanges and the necessity for consumer protection that promotes self-responsibility. The conversation reveals how institutional investment is shaping Bitcoin's future and advocates for supporting local initiatives amidst regulatory changes.