Reserve Bank of Australia – DIGIT INFO

Australian ‘Big Four’ bank ANZ halts cash withdrawals from many branches

DIGIT — Fri, 31 Mar 2023 06:39:56 +0000

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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Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances

DIGIT — Thu, 19 Jan 2023 05:19:47 +0000

This marks the second “Big 4” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.

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Australia Issues White Paper for Central Bank Digital Currency

DIGIT — Wed, 28 Sep 2022 11:30:02 +0000

Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot CBDC Until Middle of 2023 The Reserve Bank of Australia (RBA) […]

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Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases

DIGIT — Wed, 10 Aug 2022 09:30:40 +0000

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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Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits

DIGIT — Thu, 09 Dec 2021 02:51:50 +0000

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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RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies

DIGIT — Fri, 19 Nov 2021 05:00:14 +0000

The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in.

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Ripple Forced To Rebrand PayID Trademark After Copyright Infringement Lawsuit

DIGIT — Sun, 15 Nov 2020 03:30:48 +0000

Ripple Labs Inc., issuers of the XRP cryptocurrency, has filed for a new trademark called “Paystring” with the US Patent and Trademark Office (USPTO). The trademark was filed on Nov. 6 and accepted on Friday, according to the USPTO website. Although Ripple did not specify which sort of business will fall under the new product, […]

The post Ripple Forced To Rebrand PayID Trademark After Copyright Infringement Lawsuit appeared first on Bitcoin News.

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Ripple Sued by 13 Australian Banks for Trademark Infringement

DIGIT — Sat, 29 Aug 2020 06:00:04 +0000

Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied its PayID brand. NPPA’s service has been in […]

The post Ripple Sued by 13 Australian Banks for Trademark Infringement appeared first on Bitcoin News.

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Reserve Bank of Australia Has Some Interesting Views on Bitcoin

DIGIT — Thu, 28 Jun 2018 13:00:21 +0000

Australia is quickly positioning itself as a very interesting location for cryptocurrency and blockchain development. Although the overall climate appears relatively positive, it remains to be seen how things will play out. The Reserve Bank of Australia is still not convinced that Bitcoin and its cohorts are here to stay for much longer. RBA Continues ... Read more