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Australia’s Central Bank Believes Cryptos Will Not Receive Wide Approval in Near Future
Summary: In an official document issued on June 20, the Reserve Bank of Australia (RBA) stated that cryptocurrencies will not be widely accepted in Australia as long as the local financial system is working efficiently. The document explains that “increasing the scalability of a blockchain does not require it to become entirely centralized or insecure, but ...
In an official document issued on June 20, the Reserve Bank of Australia (RBA) stated that cryptocurrencies will not be widely accepted in Australia as long as the local financial system is working efficiently.
The document explains that “increasing the scalability of a blockchain does not require it to become entirely centralized or insecure, but more centralized or less secure.”
Author: May Arjomand
Tags: Australia,Cryptocurrency,RBA
Link: Australia’s Central Bank Believes Cryptos Will Not Receive Wide Approval in Near Future [Copy]
