
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present.
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The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain.
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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.
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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.
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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.
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After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023.
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A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report.
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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 […]
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Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance.
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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.
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