Australian Central Bank is “Meh” on Cryptocurrency Regulation

Australian Central Bank is “Meh” on Cryptocurrency Regulation

Members of the Payments Policy Department of the Reserve Bank of Australia issued a statement to parliament on Friday which reflects a more relaxed attitude towards cryptocurrencies and fintech. As cryptocurrencies begin to take the world by storm, many regulators have been keeping a close eye on the development of major players like Bitcoin and Ethereum. While a good number of national banks and governments have been pushing back against the crypto frenzy, others—like Australia’s central bank—just shrug their shoulders and conclude that they can’t really do much to stand in their way. In a statement to the Australian […]