FILE PHOTO: A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray
SYDNEY (Reuters) - The head of Australia's central bank still sees no strong case for a retail digital currency in the country, though he conceded one could emerge as technology and public preferences are changing rapidly.
In a speech on the payments system on Thursday, Reserve Bank of Australia (RBA) Governor Philip Lowe also said regulators were reviewing the treatment of crypto-assets, and cautioned investors to be wary of the risks when buying.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
