Australia and New Zealand Central Banks Rule Out Adopting Cryptocurrencies

27 Jun '18 at 8:47 pm #17188

Participant

Fed’s Quarles on cryptocurrencies
Wed 27 Jun 2018 Speech

Can’t see the advantage of a nation issuing crypto
Crypto not yet useful as a currency
Digital currency not a significant part of the economy
Rejects idea of Fed issuing own digital currency
Says US already runs on digital transactions

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