2023-8-23 09:23 |
Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues.
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Australia and New Zealand Banking Group Limited (ANZ) has completed the first use-case of carbon credit trading as part of Australia's central bank digital currency (CBDC) pilot.
2023-4-6 08:59 | |
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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.
2023-3-16 13:11 | |
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The Reserve Bank of Australia (RBA) is looking to establish use cases for a central bank digital currency (CBDC) and determine the economic benefits it can have through a new research project over the coming months.
2023-3-2 20:27 | |
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The Reserve Bank of Australia (RBA) published a report on Wednesday outlining its selected use case proposals of a central bank digital currency (CBDC) alongside their respective providers. This report serves as a follow-up to a collaborative research project with the Digital Finance Cooperative Research Centre (DFCRC), exploring the possible use cases of a CBDC […]
2023-3-2 12:03 | |
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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.
2023-3-2 01:50 | |
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Whereas Australia already has a modern, and well functioning payments infrastructure, it continues to explore the potential economic benefits that would arise from the introduction of a Central Bank Digital Currency (CBDC).
2022-9-28 19:50 | |
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To the surprise of absolutely no one, Australia is now testing a CBDC. Central Bank Digital Currencies have been up for debate for a long time now. While some authorities consider them hazardous and pThe post Australia embraces CBDCs, but where does Ethereum come in appeared first on AMBCrypto.
2022-9-28 21:00 | |
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The Reserve Bank of Australia (RBA) published a whitepaper for its pilot central bank digital currency (CBDC) on September 26, entering the league of countries exploring CBDCs. The post Australian central bank issues whitepaper for pilot of permissioned CBDC, eAUD appeared first on CryptoSlate.
2022-9-27 17:30 | |
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The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers.
2022-9-20 12:35 | |
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World Economic Forum (WEF) published its dynamic take on CBDCs in a blog post titled, “What are central bank digital currencies (CBDCs)?” on August 31, following The Reserve Bank of Australia’s central bank’s (RBA) plans to launch a CBDC pilot project.
2022-9-3 08:00 | |
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The Reserve Bank of Australia (RBA) has announced a one-year research program into the pros and cons of a central bank digital currency (CBDC). The post Australia Announces Year-Long Trial to Evaluate CBDC Use appeared first on BeInCrypto.
2022-8-9 12:30 | |
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The Reserve Bank of Australia (RBA) is to explore use cases for a central bank digital currency (CBDC) in "limited-scale" pilot alongside the Digital Finance Cooperative Research Centre (DFCRC).
2022-8-9 11:51 | |
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The Reserve Bank of Australia (RBA) is to explore use cases for a central bank digital currency (CBDC) in "limited-scale" pilot alongside the Digital Finance Cooperative Research Centre (DFCRC).
2022-8-9 11:51 | |
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Digital money is drawing the attention of the public, regulators, and governments worldwide. Several central banks are already at different stages of exploring the role of Central Bank Digital Currencies (CBDCs) in the monetary and payments systems.
2022-7-28 15:22 | |
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The Reserve Bank of India doesn’t appear as intrigued by the emerging crypto technology as other central banks. While the apex banks of countries like the U.K. and Australia are looking to define regulations that would foster the growth of crypto assets in their respective jurisdictions, the Reserve Bank of India is looking to ban […]
2022-7-19 18:30 | |
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The tool to enable paying using different assets, tested by Australia, South Africa, Singapore and Malaysia, is the latest foray into trialling the applications of central bank digital currencies.
2022-3-22 13:39 | |
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According to the Reserve Bank of Australia (RBA) head of payments policy Tony Richards, cryptocurrencies are not posing a threat to the central bank operations. The post Australian official who owns Ethereum says it is no threat to the country’s financial system appeared first on CryptoSlate.
2021-11-19 11:00 | |
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CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage.
2021-9-6 00:00 | |
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The Bank of International Settlements (BIS) is collaborating with apex banks in Australia, Malaysia, Singapore, and South Africa to trial central bank digital currencies (CBDCs) for cross-border payments and remittances, according to a Coindesk report on September 2, 2021.
2021-9-3 23:00 | |
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The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank digital currencies.
2021-9-2 08:05 | |
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Regulations across Australia's cryptocurrency space are still nascent. In fact, right now, the Reserve Bank of Australia (RBA) has no plans to release a central bank digital currency (CBDC) for generaThe post Australia's ASIC wary of investments in 'crypto-related products, services' appeared first on AMBCrypto.
2021-8-18 16:00 | |
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In a recently published report, Australia’s Senate committee on Technology and Finance laid down several recommendations for the government on the question of smart contracts, data standards, and thThe post Why Australia's central bank isn't buying the public policy case for CBDC launch appeared first on AMBCrypto.
2021-4-30 13:30 | |
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In a new review, CPA Australia attempted to provide an overview of Bitcoin, Ethereum, and Ripple’s XRP, in terms of central banks’ opinion of the networks being able to host CBDCs. The reportThe post Bitcoin, Ethereum, XRP: Which shows potential for central banks to host CBDCs? appeared first on AMBCrypto.
2021-3-9 23:00 | |
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With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.
2021-1-14 01:04 | |
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Reserve Bank of Australia (RBA) has joined forces with other financial institutions and ConsenSys Software to launch a research project on wholesale central bank digital currency. The initiative aims to find out the use cases, benefits, as well as implications of the wholesale form of CBDCs, according to a press release on November 2, 2020.
2020-11-3 00:00 | |
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Employing Ethereum-powered distributed ledger technology (DLT), the Reserve Bank of Australia (RBA) is forging new alliances to push the development of its own CBDC. On Nov. 2, 2020, the RBA announced that it would combine the efforts of the Commonwealth Bank, National Australia Bank, ConsenSys, and Perpetual to develop Australian digital currency.
2020-11-2 21:09 | |
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The Australian central bank is considering the use of a Central Bank Digital Currency (CBDC) to be launched on the Ethereum Blockchain. The bank is already working on a project in collaboration with the Commonwealth Bank, National Australia Bank, Perpetual, and blockchain technology company ConsenSys to look into the use of a CBDC based on […]
2020-11-3 17:28 | |
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Barely a month after saying it sees no rush in launching a central bank digital currency (CBDC), the Reserve Bank of Australia (RBA) has confirmed that it is still following closely on the developments in this space.
2020-10-15 19:17 | |
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Australia’s central bank is not buying into the growing call among several countries to float their own central bank digital currency (CBDC). With China already bootstrapping adoption of its digital yuan to millions of citizens, other countries are moving ahead to test their own experimental CBDCs.
2020-10-14 18:30 | |
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As many of the world’s leading countries’ central banks continue their rush to be the first to launch their own CBDC (Central Bank Digital Currency), Australia seems to be absent from the race.
2020-9-22 10:24 | |
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As other nations are rushing to launch central bank backed digital currency dubbed CBDC, Australia is not joining the bandwagon. As per the Australian local news platforms, the Reserve Bank of Australia recent payments paper indicates that the bank is taking a cautious stand when it comes to CBDCs and privately issued stablecoins.
2020-9-18 00:59 | |
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A new report published by the Australian central bank provides insight into consumer payment behavior. The survey has found that Australians increasingly prefer digital payment methods. Cryptocurrencies, however, make up less than one percent of payments in Australia.
2020-3-26 14:02 | |
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The Reserve Bank of Australia (RBA) states that Less than 1% of people in Australia have paid for goods using cryptocurrency, according to a study conducted yesterday. The findings were revealed in the triennial Consumer Payments Survey (CPS) released by the RBA.
2020-3-21 17:12 | |
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Crypto is the third most familiar alternative type of payment in Australia, but less than 1% used it for payment in 2019, central bank says
2020-3-22 00:15 | |
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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.
2020-3-20 13:00 | |
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The Reserve Bank of Australia announced it would be cutting the cash rate by 25 basis points to 0.50 percent, its lowest on record according to recent figures.
2020-3-4 20:40 | |
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BTC Markets, the largest, most liquid Australian bitcoin exchange with 260,000 Australian customers trading more than AU$8 billion, today announced the appointment of Caroline Bowler as CEO. Interest is growing in the sector with the recent Reserve Bank of Australia announcement on their simulated trials of a Central Bank Digital Currency (CBDC).
2020-1-29 12:54 | |
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In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.
2020-1-23 07:55 | |
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The Reserve Bank of Australia (RBA) says Facebook’s digital currency, Libra, should not be allowed to launch in Australia without being heavily regulated. It does not believe there will be enough demand to merit the effort required to introduce the currency to Australia.
2020-1-21 18:00 | |
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The Reserve Bank of Australia (RBA) — the country’s central bank says adoption of state-backed digital currency for interbank settlement could provide certain advantages like cost savings and better financial inclusion.
2020-1-16 15:00 | |
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Australian Reserve Bank (RBA) recently revealed that it simulated the use of central bank digital currency (CBDC) in a wholesale payment system based on the Ethereum network, with interesting results.
2020-1-16 15:00 | |
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Coinspeaker Reserve Bank of Australia Considers Ultimate Ethereum-Based CryptoThe Australian Central Bank has its own blockchain lab since 2018, where they test Ethereum-based private blockchain.
2020-1-10 10:29 | |
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When it comes to Libra and the viability of central bank digital currencies (CBDCs), the Reserve Bank of Australia (RBA) has announced it has serious doubts. RBA officials said in December last year they don’t believe cryptocurrencies will ever take the place of money issued by governments.
2020-1-9 20:58 | |
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Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are unnecessary given that commercial banks already have working electronic payment solutions.
2020-1-9 18:00 | |
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Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.
2020-1-9 16:00 | |
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In collaboration with the Shire of Wongan-Ballidu in Western Australia, blockchain-based energy trading firm Power Ledger has launched a trial of its blockchain-based power management technology in rural areas.
2019-9-12 20:12 | |
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The Reserve Bank of Australia has ruled that Bitcoin and other cryptocurrencies don’t threaten Aussie dollars or other forms of fiat payment. After a review on cryptos, they think it’s “difficult to envisage” an outbreak of Bitcoin users in the country.
2019-6-23 01:23 | |
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Australian regulators don't expect Libra to gain much traction in the land down under.
2019-6-22 01:00 | |
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Going against the tide of crypto adoption, Australia’s central bank published a comprehensive report aimed at glorifying their domestic fiat against Bitcoin. The primary argument made by the Reserve Bank of Australia (RBA) was related to the network speeds, scalability and mining costs of Bitcoin, although the ultimate focus was on flaunting Australia’s fiat network’s current performance.
2019-6-21 22:00 | |
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DeSantis in March signed a bill as Florida’s governor to prohibit the use of CBDC’s within his state.
Decentralization enables programmability — and that allows stablecoins to wield a key advantage over central bank digital currencies.
At least one bank is leaning towards developing it on a permissioned blockchain.
At least one bank is leaning towards developing it on a permissioned blockchain.
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank bailing out Credit Suisse to the tune of $54 billion, the echoes of prior crisis in 2008 and 2013 are loud.
Colombia is an amazing country. I moved to Medellín, its second largest city, this…
The post Colombia primed to launch digital currency appeared first on CoinJournal.