Cash payment limitation in Australia doesn’t apply to cryptocurrency

Consumers may face a cash payment limitation in Australia in the coming days through a new official guideline, however, the guideline does not impose any limitations on crypto or digital currencies. According to the latest reports, the Australian Department of Treasury has published guidelines that would impose a cash payment limitation in Australia, the limit to pay by cash would be set at ten thousand dollars ($10,000). This proposal will not be affecting the digital currencies, which is creating a buzz regarding the possibility of acceptance of cryptocurrencies by the Australian Treasury. However, the real story lies in the Treasury’s