Australian Judge Says Crypto Is a Legitimate Investment Vehicle

Cointelegraph

Published Feb 28, 2020 06:08PM ET

Updated Feb 28, 2020 07:42PM ET

Australian Judge Says Crypto Is a Legitimate Investment Vehicle

As part of a defamation case in front of the New South Wales, or NSW district court, Judge Judith Gibson allowed cryptocurrency usage as collateral.

“This is a recognized form of investment," Gibson said of cryptocurrency, also acknowledging its volatility, according to a brief from the Australian Associated Press.

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