Australia’s crypto confusion

by

Ed.

Reported at themandarin.com.au: ‘The Reserve Bank of Australia governor Michele Bullock made some rather surprising remarks at this year’s Australian Securities and Investments Commission annual forum.’

‘Despite the profitable return of the digital currency Bitcoin, currently fetching A$143,240 per coin, Bullock had little time for any assessment that deemed cryptocurrency “an alternative currency”. It is “not a currency, it’s not money, it’s being used as some sort of asset class.” ‘


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