RBA warns against cryptocurrency 'fad'

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The Reserve Bank has sounded the alarm on cryptocurrencies, declaring them a highly speculative fad, according to Sky News business reporter Edward Boyd. \n\nMr Boyd said central banks ?don’t like cryptocurrency? because they have no control over it.\n\nRBA Head of Payments Tony Richards said he did not want young investors getting into the cryptocurrency market as there was a high chance the price could collapse. \n\nThe price of Bitcoin has fallen overnight, down 5.75 per cent to $78,262 for a loss in value of $4,774.
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···· Sky News Australia
···· aufgenommen: 14.01.2022 · 19:06:18
···· & überprüft: 14.01.2022 · 19:06:18

: against : cryptocurrency :

RBA warns against cryptocurrency 'fad'

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