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


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...

Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments


A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with...

Klex Finance Deploys Testnet in Readiness for Klaytn Launch


The countdown to Klex’s mainnet launch is on. On August 2, the Krew-incubated project invited the public to put its testnet through its paces, including smart contract interaction, ahead of an alpha release. The mainnet is expected to go live shortly after that, bringing Balancer-style...

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