RBA issues stern crypto warning

The Reserve Bank of Australia (RBA) has warned of the “considerable” risks associated with speculation in the cryptocurrency sector, calling out meme coins in particular.

by | 18 Nov, 2021

ATO to crackdown on Australians investing in crypto assets

The minutes of the RBA’s November monetary policy meeting revealed that board members are open-minded about the potential benefits that stablecoins could have on the financial stability of the Australian economy, and upbeat about the work being done by the bank in relation to Central Bank Digital Currencies (CBDCs).

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