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Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024
16.10.2023
Australia expects to release a draft legislation which covers licensing and custody rules for crypto asset providers by 2024
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
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
Australia's Treasury and Reserve Bank Held Consultations With Coinbase, Others: Report
15.3.2023
Australia's central bank and Treasury have held meetings with international crypto industry executives on the future of digital assets and regulation in the nation
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...
Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases
1.3.2023
The Reserve Bank of Australia has revealed a set of projects that will develop use cases for a digital dollar, the eAUD, during its testing phase, currently underway
Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances
19.1.2023
This marks the second "Big 4" bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy
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
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...
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...
Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits
9.12.2021
Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance
RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies
19.11.2021
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
Australia’s Central Bank Says Bitcoin ‘Not Really Money,’ No Risk to Financial Stability
5.2.2021
The Reserve Bank's assistant governor for financial systems, Michelle Bullock, said there is "a lot of fuss over bitcoin."
Ripple Forced To Rebrand PayID Trademark After Copyright Infringement Lawsuit
15.11.2020
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...
Australian Central Bank, Commonwealth, National Australia Bank Partner on CBDC Research Project
2.11.2020
The partnership will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology
Australian Central Bank, Commonwealth, National Australia Bank Partner on CBDC Research Project
2.11.2020
The partnership will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology
Australian Central Bank Sees ‘No Strong Public Policy Case’ for CBDC
14.10.2020
The Australian central bank does not see a strong case for issuing a retail central bank digital currency, its head of payments policy said
Ripple Sued by 13 Australian Banks for Trademark Infringement
29.8.2020
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...
80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study
20.3.2020
Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia
Reserve Bank Of Australia Chief Skeptical Over Facebook’s Libra, Says Very Difficult To Take Off Down Under
23.6.2019
Libra’s tussle with regulatory authorities worldwide doesn’t seem to stop. This time the Chief of the Reserve Bank of Australia has openly criticized the token stating that it cannot overtake the country’s traditional digital banking. RBA Chief Philip Lowe stated that he is quite skeptical...