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AUSTRALIAN GOVERNMENT IGNORES CRYPTO ROLE IN FUTURE ECONOMY
⢠The Australian Treasury has released a 40-year economic outlook that highlights the 'AI revolution' as one of five major transitions shaping the country's future.
⢠However, the report surprisingly omits any mention of cryptocurrency or digital assets, sparking criticism from Coinbase.
⢠The Treasury's focus on AI development raises questions about the role of crypto in the emerging financial landscape, with some experts arguing that digital assets will be essential for the growth of AI-driven economies.
⢠Coinbase has pointed out that the report overlooks the potential need for digital financial infrastructure to support the growth of AI, which could include the use of cryptocurrencies like Bitcoin.
⢠As the Australian government continues to shape its economic vision, the omission of crypto from the report has sparked debate about the future of digital assets in the country's economy.
Follow for live market updates.
đĄ Via CoinTelegraph
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#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH
AUSTRALIAN GOVERNMENT IGNORES CRYPTO ROLE IN FUTURE ECONOMY
⢠The Australian Treasury has released a 40-year economic outlook that highlights the 'AI revolution' as one of five major transitions shaping the country's future.
⢠However, the report surprisingly omits any mention of cryptocurrency or digital assets, sparking criticism from Coinbase.
⢠The Treasury's focus on AI development raises questions about the role of crypto in the emerging financial landscape, with some experts arguing that digital assets will be essential for the growth of AI-driven economies.
⢠Coinbase has pointed out that the report overlooks the potential need for digital financial infrastructure to support the growth of AI, which could include the use of cryptocurrencies like Bitcoin.
⢠As the Australian government continues to shape its economic vision, the omission of crypto from the report has sparked debate about the future of digital assets in the country's economy.
Follow for live market updates.
đĄ Via CoinTelegraph
đ Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH