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Australia’s central bank U-turns on bitcoin

The Reserve Bank of Australia has officially acknowledged digital currencies as part of its financial landscape, but will not impose any regulatory structure on them, for now.
Australia’s central bank U-turns on bitcoin

The Reserve Bank of Australia (RBA) issued a comprehensive statement on April 7 concluding that the bank will take a hands-off approach on virtual currencies like bitcoin – a far cry from its hostile position taken only two years ago.

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