Australia will become the first country to chart the number, type and underlying code of available cryptocurrencies as the federal government seeks to protect investors from themselves. swrighteconomy
Australia will become the first country to chart the number, type and underlying code of available cryptocurrencies as the federal government seeks to protect investors from themselves and an avalanche of advertising spruiking the technology.
This year, the Bank for International Settlements – the world’s peak central bank – labelled bitcoin and other cryptos asBut it also said there was space for central banks to create their own digital currencies as a way to push down the cost of traditional banking and currency services.in a “ring-fenced” pilot program as part of a year-long collaborative research project into how it could be used by consumers and businesses.
It will seek to uncover the characteristics of all digital asset tokens available in Australia. That will include the type of crypto asset, their underlying code and any other defining technological features.
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