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Currency

Jessica Yun

Financial intelligence agency AUSTRAC has implemented new laws that will see it regulate digital currency exchanges operating in Australia.

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Reporter

The Commonwealth Bank of Australia has banned the purchase of cryptocurrencies using credit cards.

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Tim Stewart

Reserve Bank of Australia governor Philip Lowe says that bitcoin is unlikely to ever become a legitimate currency due to its poor governance, high transaction costs and extremely volatile price.

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Killian Plastow

Ghostface Killah, a rapper and member of iconic 1990s hip hop outfit Wu-Tang Clan, has helped launch a new cryptocurrency in the US.

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Shared from investordaily.com.au

Investing in bitcoin is “incredibly dangerous and very speculative”, warns Magellan’s Hamish Douglass – but the technology underpinning it could be revolutionary.

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