Australia’s central bank launches 3-year program for wholesale CBDC
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present. Go to Source
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Australia marks first FX transaction using a CBDC as eAUD pilot continues
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain. Go to Source Powered by WPeMatico
Australian ‘Big Four’ bank ANZ halts cash withdrawals from many branches
The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near. Go to Source Powered by WPeMatico
Coinbase met with Australian banking regulators over local crypto regulations
Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts. Go to Source Powered by WPeMatico
Australian central bank to launch ‘live pilot’ of CBDC in coming months
The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot. Go to Source Powered by WPeMatico
Turkey’s central bank completes first CBDC test with more to come in 2023
After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023. Go to Source Powered by WPeMatico
Digital assets could add $40B a year to Aussie GDP: Tech Council report
A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report. Go to Source Powered by WPeMatico
Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital Currency Program The Reserve Bank of Australia (RBA) announced the launch … Read more
Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits
Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance. Go to Source Powered by WPeMatico
True or false: 91% of surveys about Bitcoin and crypto are totally wrong
Welcome to the statistically dubious world of cryptocurrency surveys. Here, we’ll find out how many Aussies really own crypto, and why there are so many different claims. Go to Source Powered by WPeMatico
