According to the email sent to students’ parents, St. Laurence’s College intends to hold an “educational presentation” on cryptocurrencies. This happened after aware of senior students purchasing and adopting cryptocurrencies.
However, this presentation will be non-compulsory for the schools’ staff and students from Year 11 and 12, as well as parents who express interest in understanding the new technology. The presentation is going to be about cryptocurrencies, the technology underpinning them. It will also give basic information about risks and how to keep investments safe.
The presentation was scheduled to be held on February 2 but has been reportedly postponed.
According to a business and accounting professor from the Queensland University of Technology Chrisann Lee, to educate students on cryptocurrencies and the blockchain technology at an institutional level is a healthy development. She also underlined the importance of educating on investing in cryptocurrencies.
At the moment, Australian four big banks are not going to prohibit crypto purchases, unlike counterparts in the US and the UK. Also, Australian authorities have confirmed the regulation of cryptocurrency exchanges in the country. This action will ensure consumer safety.