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rba – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 18 Sep 2024 03:46:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png rba – DIGIT INFO https://www.digit.info 32 32 Australia’s central bank launches 3-year program for wholesale CBDC https://www.digit.info/australias-central-bank-launches-3-year-program-for-wholesale-cbdc/ Wed, 18 Sep 2024 03:46:14 +0000 https://www.digit.info/australias-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.

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Australia marks first FX transaction using a CBDC as eAUD pilot continues https://www.digit.info/australia-marks-first-fx-transaction-using-a-cbdc-as-eaud-pilot-continues/ Thu, 18 May 2023 02:00:00 +0000 https://www.digit.info/2023/05/18/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.

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Australian ‘Big Four’ bank ANZ halts cash withdrawals from many branches https://www.digit.info/australian-big-four-bank-anz-halts-cash-withdrawals-from-many-branches/ Fri, 31 Mar 2023 06:39:56 +0000 https://www.digit.info/2023/03/31/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.

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Coinbase met with Australian banking regulators over local crypto regulations https://www.digit.info/coinbase-met-with-australian-banking-regulators-over-local-crypto-regulations/ Thu, 16 Mar 2023 06:05:41 +0000 https://www.digit.info/2023/03/16/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.

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Australian central bank to launch ‘live pilot’ of CBDC in coming months https://www.digit.info/australian-central-bank-to-launch-live-pilot-of-cbdc-in-coming-months/ Wed, 01 Mar 2023 22:35:01 +0000 https://www.digit.info/2023/03/01/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.

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Turkey’s central bank completes first CBDC test with more to come in 2023 https://www.digit.info/turkeys-central-bank-completes-first-cbdc-test-with-more-to-come-in-2023/ Fri, 30 Dec 2022 04:00:00 +0000 https://www.digit.info/2022/12/30/turkeys-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.

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Digital assets could add $40B a year to Aussie GDP: Tech Council report https://www.digit.info/digital-assets-could-add-40b-a-year-to-aussie-gdp-tech-council-report/ Wed, 30 Nov 2022 03:21:13 +0000 https://www.digit.info/2022/11/30/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.

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Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases https://www.digit.info/reserve-bank-of-australia-to-pilot-digital-currency-explore-use-cases/ Wed, 10 Aug 2022 09:30:40 +0000 https://www.digit.info/2022/08/10/reserve-bank-of-australia-to-pilot-digital-currency-explore-use-cases/ Read more]]> Reserve Bank of Australia to Pilot Digital Currency, Explore Use CasesThe 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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Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits https://www.digit.info/australian-reserve-banks-project-atom-cbdc-research-finds-numerous-benefits/ Thu, 09 Dec 2021 02:51:50 +0000 https://www.digit.info/2021/12/09/australian-reserve-banks-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.

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True or false: 91% of surveys about Bitcoin and crypto are totally wrong https://www.digit.info/true-or-false-91-of-surveys-about-bitcoin-and-crypto-are-totally-wrong/ Wed, 01 Dec 2021 02:57:24 +0000 https://www.digit.info/2021/12/01/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.

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