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When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

July 30, 2019 by Counter Markets

By Graham Smith Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find … [Read more...] about When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

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