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Australia’s Central Bank: Cryptos Will Not Receive Wide Acceptance in the Near Future

Cryptocurrencies will not receive wide use in Australia as long as the local financial system is efficiently working, the Reserve Bank of Australia (RBA) stated in an official document issued on June 20. According to the notice authored by analysts from RBA’s payments policy department, there is “little likelihood of a material take-up of cryptocurrencies for retail payments in Australia in the […]