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Australia’s central bank launches 3-year program for wholesale CBDC
18.9.2024
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present
Australia’s central bank launches 3-year program for wholesale CBDC
18.9.2024
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present
RBA’s December meeting: What it might do to help the AUD go up against the USD?
18.12.2023
The Reserve Bank of Australia will release its meeting minutes on Tuesday. It holds the potential to impact the AUD/USD pair positively. It was last seen dancing around 0.6700, the highest since July this year, indicating a potential AUD/USD rebound. One crucial factor supporting the pair is...
How to utilize RBA minutes for forex trading in 2023
5.12.2023
A country’s economic health is the basic foundation on which a civilized society is developed. It involves a complex architecture supported by consumption, employment, and production pillars. Like any living organism, the economy circulates the financial lifeline of a society through...
RBA’s statement on interest rates sends mixed signals to traders
27.10.2023
Michele Bullock, the Governor of the RBA, recently talked about inflation in an interview. The executive stated that inflation in Australia is expected to rise. However, it is too early to decide how it will affect the impact on interest rate settings. This was Bullock’s first appearance before...
Australia open to idea of CBDC as future of money: RBA
16.10.2023
The RBA assistant governor in his speech noted that the pilot CBDC projects have highlighted several key areas where CBDCs could be of great use
Australia's CBDC Likely Some Years Away, Central Bank Says
23.8.2023
Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues
Australian CBDC could be useful for payments, tokenization, says RBA
23.8.2023
The RBA has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency
Australia marks first FX transaction using a CBDC as eAUD pilot continues
18.5.2023
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain
Australian 'Big 4' bank ANZ halts cash withdrawals from many branches
31.3.2023
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
Coinbase met with Australian banking regulators over local crypto regulations
16.3.2023
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
Reserve Bank of Australia Unveils Proposed CBDC Use Cases
5.3.2023
The Reserve Bank of Australia said on March 3 that it has selected 14 digital currency proposed use cases from a large number of submissions obtained from industry participants. An assistant governor at the RBA, Brad Jones, said the Aussie central bank is encouraged by the composition of providers...
Australian central bank to launch 'live pilot' of CBDC in coming months
1.3.2023
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
Turkey’s central bank completes first CBDC test with more to come in 2023
30.12.2022
After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023
Australian CBDC receives unexpected interest but could hurt banks: RBA
8.12.2022
The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry
Digital assets could add $40B a year to Aussie GDP: Tech Council report
30.11.2022
A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report
Australia Issues White Paper for Central Bank Digital Currency
28.9.2022
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...
Australian pilot CBDC test for eAUD to commence mid-2023: RBA White Paper
26.9.2022
The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks, and operational models for a CBDC in Australia
Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
10.8.2022
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...
Safemoon V2 (SFM), Shiba Predator (QOM) & RoboApe (RBA): The Meme Coins Taking Over the Crypto Space
13.7.2022
Meme Coins are crypto-assets created from internet-based memes. Just like the literal meaning implies, these coins are humorous and give a light feel to the cryptocurrency market. However, following the creation of DogeCoin in 2013 from a meme, the crypto space has seen the birth of several others....