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Australia’s central bank seeks to explore CBDC use
The Reserve Bank of Australia (RBA) has expressed its openness to explore the potential role of a central bank digital currency (CBDC). The RBA Assistant Governor (Financial System) Brad Jones made these remarks in a speech titled “A Tokenised Future… дальше »
2023-10-17 16:43 | |
Australia’s Central Bank Wraps Up CBDC Pilot Program – Is Issuance On The Horizon?
Australia’s central bank, the Reserve Bank of Australia (RBA), has completed its pilot program exploring the potential use cases of a central bank digital currency (CBDC). The research project, carried out in conjunction with the Digital Finance Cooperative Research Centre (DFCRC), involved 16 selected industry participants, including Mastercard, Australian Bond Exchange, and Fame Capital. This […] дальше »
2023-8-23 18:00 | |
Australia’s oldest bank bans payments to Binance
Westpac, Australia’s oldest bank, announced a ban on cryptocurrency transactions to certain exchanges on May 18. The bank said that it is blocking a number of crypto exchanges as part of a trial to “reduce scam losses. дальше »
2023-5-18 15:30 | |
Australia’s Reserve Bank, ConsenSys, Others Launch CBDC Proof of Concept
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. дальше »
2020-11-3 00:00 | |
Reserve Bank of Australia Sees No Rush in Launching A CBDC; Aussie Banknotes Are Working
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. дальше »
2020-9-18 00:59 | |
Australia’s Largest Bank ‘CommBank’ To Use Blockchain-Based BioTokens To Help Environment
The Commonwealth Bank of Australia, known as the largest banking institution in the country, has been using the blockchain technology to tackle the issues of investing in sustainable development. Today, the bank has announced that it is working on something that will be called “BioTokens”. дальше »
2019-8-22 01:32 | |
World Bank Mandates the Commonwealth Bank of Australia to Issue Blockchain-Based Bonds
Australia’s largest bank, Commonwealth Bank of Australia has been mandated by the World Bank to issue bonds created exclusively on blockchain platform, right from their creation, allocation and transfer to other potential bondholders. дальше »
2018-8-11 13:00 | |
‘Time Traveler’ Millionaire Wants to Open Australia’s First Cryptocurrency Bank
While some major banks have refused to go near anything related to virtual currencies, Australia might see its first cryptocurrency bank in the not-too-distant future. That’s if one of the country’s leading entrepreneurs, Fred Schebesta, can make his goal a reality. дальше »
2018-8-8 07:00 | |
First Cryptocurrency bank of Australia to be built by the CEO of Finder
Australia is one of the foremost countries to accept blockchain technology and cryptocurrencies, says recent reports. The latest addition to the bandwagon is Fred Schebesta, an Australian entrepreneur and Co-Founder of comparison website, Finder. дальше »
2018-8-8 01:57 | |
Finder.com Co-Founder Plans to Open Australia’s First-Ever Crypto Bank
Co-Founder Of Finder. com Plans To Launch Australia’s First-Ever Crypto Bank Co-Founder of Finder. com, Fred Schebesta has recently revealed his plans to launch a cryptocurrency-backed financial institution in Australia. дальше »
2018-8-6 18:41 | |
Finder.com Co-founder is Minded to Open a Crypto Bank in Australia
Fred Schebesta, one of the founders of a tech project Finder.com, has revealed his plans to launch the first Australian crypto bank. The post Finder.com Co-founder is Minded to Open a Crypto Bank in Australia appeared first on CoinSpeaker. дальше »
2018-8-6 16:48 | |
Coinbase Seeks Online Merchant Crypto Adoption by the Millions
Adoption news keeps flowing this week, from Wall Street to Australia, and now San Francisco. The United States largest cryptocurrency bank, Coinbase, announced it is expanding its commerce section to include Woo Commerce via a plugin downloadable from Github. дальше »
2018-8-6 08:45 | |
Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done
This past week, we talked to three security experts about how to design smarter and more secure smart contracts. Google is dipping its toe in the blockchain waters by introducing integrations for applications built with Ethereum and Hyperledger. дальше »
2018-8-5 16:08 | |
Ethereum used for cross-border shipment by australian bank
In an indigenous move, a 17-ton Australian cross-border shipment of almonds found its way from Australia to Germany. The first ever cross-border trade was carried out by state-backed Commonwealth Bank of Australia partnering with five logistics companies. дальше »
2018-8-3 23:46 | |
Australia’s Commonwealth Bank Completes Global Trade Pilot Test Using the Ethereum Blockchain
According to the Commonwealth Bank of Australia (CBA), the CBA and five Australian and international supply chain companies have successfully shipped seventeen tonnes of almonds from Sunraysia in Victoria, Australia to Hamburg, Germany, using a blockchain-based platform built on Ethereum. дальше »
2018-8-2 11:23 | |
Australia’s Commonwealth Bank Completes Global Trade Pilot Test Using the Ethereum Blockchain
According to the Commonwealth Bank of Australia (CBA), the CBA and five Australian and international supply chain companies have successfully shipped seventeen tonnes of almonds from Sunraysia in Victoria, Australia to Hamburg, Germany, using a blockchain-based platform built on Ethereum. дальше »
2018-8-2 21:35 | |
Commonwealth Bank Boasting Blockchain-Enabled Global Trade Platform
In-house blockchain technology solutions continued to permeate supply chains as Australia’s Commonwealth Banks has successfully conducted a high-profile shipping experiment. ‘Agile, Efficient and Transparent’ Australia’s Commonwealth Bank has successfully shipped and tracked seventeen tonnes of almonds in a blockchain-based collaboration with five domestic and international supply chain leaders. дальше »
2018-8-1 01:00 | |
Australian Bank Utilizes Ethereum for Cross-Border Shipments
A 17-ton, cross-border container of almonds was successfully transported from Australia to Germany utilizing the Ethereum blockchain, in a collaborative move between Commonwealth Bank of Australia (CBA) and five logistics organizations. дальше »
2018-7-31 17:00 | |
Commonwealth Bank of Australia (CBA) Pilots Blockchain Trade Shipment Across Borders
Commonwealth Bank of Australia Claims Success In Its Global Trade Blockchain Trial Banks around the world are starting to use the blockchain technology to make cross-border transfers. Now it was the time of the Commonwealth Bank of Australia (CBA) to use cross-border shipments with the blockchain technology to track the goods that were being carried […] дальше »
2018-7-31 09:36 | |
An Australian Blockchain Experiment: Tracking Global Almond Shipments
Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain. дальше »
2018-7-31 23:13 | |
Commonwealth Bank Of Australia Records Amazing Blockchain Success
A new global trade experiment with blockchain technology has been marked successful by the Commonwealth Bank of Australia, according to a press release on Monday. In a bid to enhance multiple aspects of the supply chain process, the bank combined cutting-edge solutions such as distributed ledger technology(DLT), Internet of Things (IoT), and smart contracts into […] The post Commonwealth Bank Of Australia Records Amazing Blockchain Success appeared first on ZyCrypto. дальше »
2018-7-31 20:10 | |
Крупнейший банк Австралии задействовал блокчейн для отправки 17 тонн миндаля
Австралийский финансовый конгломерат Commonwealth Bank of Australia (CBA) успешно протестировал технологию блокчейн для управления цепями поставок. Об этом пишет ZdNet. В рамках эксперимента блокчейн был использован для отслеживания поставки 17 тонн миндаля из штата Виктория в Гамбург. дальше »
2018-7-30 17:55 | |
17 Tons of Almonds are about to ship to Europe with Blockchain by Commonwealth Bank of Australia
The Commonwealth Bank of Australia (CBA) has announced the completion of a successful trade using its new blockchain platform, according to its July 30 press release. In a collaborative effort involving five domestic and international “supply chain leaders,” the bank used blockchain to track a shipment of 17 tons of almonds from Melbourne to Hamburg, дальше »
2018-7-30 16:34 | |
Australian bank used blockchain to ship 17,000 kilos of almonds to Germany
The Commonwealth Bank of Australia announced it has successfully completed a new blockchain-powered trade experiment at a global scale, as spotted by CoinDesk. The bank confirmed it tracked a batch of 17,000 kilograms (approximately 37,000 pounds) of almonds using a private blockchain built on the Ethereum network. дальше »
2018-7-30 14:54 | |
Commonwealth Bank успешно испытал блокчейн-платформу для международной торговли
Австралийский банк Содружества (Commonwealth Bank of Australia, CBA) объявил об успешном завершении трансграничной торговой сделки с использованием блокчейна для отслеживания цепочки поставки. Один из крупнейших банков страны сообщил, что партия миндаля (17 тонн), отправленная из Австралии в Германию, отслеживалась через частную блокчейн-платформу, разработанную банком на основе сети Ethereum. дальше »
2018-7-30 14:41 | |
Commonwealth Bank Returns to IOT and Blackheine Deck for Coastline
The Commonwealth Bank of Australia used the Ethereum blockchain platform for tracking an international shipment of almonds as part of its experiment. The Commonwealth Bank conducted an experiment with internet of things (IoT) and blockchain technologies. дальше »
2018-7-30 14:35 | |
Commonwealth Bank Turns to IoT and Blockchain Tech for Cross-border Trading
The Commonwealth Bank of Australia used the Ethereum blockchain platform for tracking an international shipment of almonds as part of its experiment. The post Commonwealth Bank Turns to IoT and Blockchain Tech for Cross-border Trading appeared first on CoinSpeaker. дальше »
2018-7-30 10:54 | |
Commonwealth Bank Claims Success in Global Trade Blockchain Trial
Commonwealth Bank of Australia has announced the completion of a cross-border shipment that was tracked with blockchain. дальше »
2018-7-30 09:00 | |
PR: trade.Io Appoints Banking Veteran David Hannigan to Run OTC Desk
Wednesday Lugano, Switzerland – trade. io, a leading cryptocurrency exchange and innovator of the industry’s leading liquidity pool, today announced that David Hannigan has joined the company as its Chief Dealer. дальше »
2018-7-19 12:30 | |
G20 Economics Group Want To See Worldwide Cryptocurrency Regulation
G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union. дальше »
2018-7-16 18:30 | |
A Bank In Australia Uses Mortgage Funds for Crypto Speculation
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on Customers Using Mortgage Funds to Trade Crypto Bank of Queensland has banned its customers from using loans that are дальше »
2018-7-14 11:26 | |
Australian Bank Bans Use of Mortgage Funds for Crypto Speculation
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. дальше »
2018-7-14 09:55 | |
Banks In Australia Ban Use Of Housing Loans For Buying Crypto Coins
The regulatory mechanisms in cryptocurrency environment were once again at play in Australia, as the Bank of Queensland banned the use of Housing Equity to fund cryptocurrency investments. The ban was issued over fears of high risks investors would experience due to volatility in conditions of trading. дальше »
2018-7-13 00:48 | |
Misinformed on Bitcoin [BTC] facts, Australian banker slammed by experts
Recently, a fair amount of agitation has arisen over Tony Richard’s speech on cryptocurrencies, delivered to the Australian Business Economists in Sydney, on June 26th. Tony Richard is the head of the payments policy department at the Reserve Bank of Australia [RBA]. дальше »
2018-6-29 21:18 | |
Reserve Bank of Australia Has Some Interesting Views on Bitcoin
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. дальше »
2018-6-28 16:00 | |
‘All Wrong’: Cryptocurrency Industry Rebukes Australian Banker For Bitcoin Complaints
A senior Australia central bank official who called Bitcoin “fascinating” but its blockchain “inefficient” has come under fire for plagiarism and spreading incorrect information about cryptocurrency. дальше »
2018-6-28 10:00 | |
ING Bank Survey conducted. Interest in Crytocurrency Will Double Soon
Research company Ipsos on behalf of ING Bank B. V. has conducted a study on how cryptocurrencies are perceived across Europe, Australia and the U. S. , which reveals that interest in the technology is expected to double in the future. дальше »
2018-6-27 08:18 | |
Bitcoin Won’t See Widespread Adoption in Australia, RBA Official Says
A senior official at the Reserve Bank of Australia (RBA) said that bitcoin is unlikely to be widely adopted in the country. He outlined the digital currency’s price volatility as well as the stability of the Aussie dollar as the main reasons. дальше »
2018-6-27 08:00 | |
Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests
Dr. Tony Richards, head of payments policy at the Reserve Bank of Australia, said that the stability of the Australian dollar would make widespread Bitcoin adoption in the country unlikely. He also suggested that the local use of the currency is so limited that the central bank does not consider it a major impact on […] Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-6-27 22:23 | |
RBA Official Predicts Bitcoin Will Struggle in Australia
A senior official at the Reserve Bank of Australia (RBA) has speculated that Bitcoin is unlikely to succeed in Australia because they already have a successful currency. The official compared the volatility of cryptocurrencies to stable fiat alternatives and cast doubt on Bitcoin as a store of value. дальше »
2018-6-26 21:00 | |
No Cryptos Planned for Issue by Central Banks in Australia and New Zealand
The central banks of Australia and New Zealand denied they would issue their own cryptocurrencies June 26, in a speech calling Bitcoin “fascinating” but “inefficient.” Addressing the Australian Business Economists in Sydney, Tony Richards, head of the Reserve Bank of Australia’s (RBA) payments policy, appeared hawkish on cryptocurrency as Australia’s government devotes considerable funds to дальше »
2018-6-26 17:07 | |
The Central Banks Of Australia And New Zealand Against Cryptocurrencies
The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system. дальше »
2018-6-26 17:00 | |
2 apac Countries Have Ruled Out Central Bank Advanced Currencies
Australia and New Zealand have both just ruled out the option of pursuing a central bank digital currency (CBDCs) – at least for now. Subsequently, he reiterated the RBA’s stance on issuing a central bank digital currency – or an “eAUD” as the bank’s governor Philip Lowe called it in a previous speech – that a дальше »
2018-6-26 16:48 | |