Cryptocurrencies ‘Not a Fad,’ Says Federal Minister

Cryptocurrencies ‘Not a Fad,’ Says Federal Minister
A representation of the virtual cryptocurrency Ethereum is seen among representations of other cryptocurrencies in this picture illustration taken on June 14, 2021. Edgar Su/Illustration/Reuters
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The Minister for the Digital Economy, Jane Hume, has said that cryptocurrencies are “not a fad.”

In a speech on Monday at the AFR Super and Wealth Summit, Hume stated that with 17 percent of Australians investing in cryptocurrency, it is “an asset class that has captured hearts and minds” of Australians.

Marina Zhang
Marina Zhang
Author
Marina Zhang is a health reporter for The Epoch Times, based in New York. She covers both health news and in-depth features on emerging health issues. Marina holds a bachelor's degree in biomedicine from the University of Melbourne. Contact her at [email protected].
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