Treasurer Jim Chalmers admits cryptocurrencies have role to play in economy
Last month, RBA governor Michele Bullock, who previously headed up the bank’s payments arm, was less bullish than Chalmers about cryptocurrency and said she didn’t see a role for it in the economy.
“I don’t really see a role for it in, certainly in the Australian economy or payments system,” she said.
Governments, central banks and policymakers around the world are watching Trump’s policy agenda with particular interest, given he has promised to impose wide-scale tariffs, deport millions of undocumented workers and possibly intervene in official interest rate settings.
Chalmers said Trump’s approach to crypto was also uppermost in the government’s mind.
“Of the list of changes in policy emphasis we expect from the incoming…
