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3/5/2025 8:48:53 AM (GMT+1)

Australia does not plan to create a strategic cryptocurrency reserve, despite the USA's initiative to include XRP, Bitcoin, and others in the national financial reserve

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The Australian government does not plan to create a strategic cryptocurrency reserve, unlike the USA, where the Trump administration announced the inclusion of cryptocurrencies such as XRP, Solana, Cardano, Bitcoin, and Ether in the national reserve. Australian authorities are focused on regulating crypto platforms, developing legislation for digital assets. Representatives of the crypto industry note that despite the attractiveness of the idea, the high volatility of cryptocurrencies creates risks to stability, which makes such an initiative less likely.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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