Study shows Australians value privacy over safety with CBDC
A recent study found that Australians trust commercial banks as much as the central bank but are willing to pay more to share less data with authorities.
A recent study found that Australians trust commercial banks as much as the central bank but are willing to pay more to share less data with authorities.
Set to launch in H1 2024, Liquid Noble will offer full and auditable bullion reserves, fiat transfers with banking support, fast trading on its exchange platform, and physical delivery on request.
ClimateForce plans involve using NTT Group's AI-based Smart Management Platform to act on data obtained from the Daintree Rainforest.
In a joint statement, DFCRC and Imperium Markets’ pilot is expected to run until 2026, seeking to reduce industry risks through the use of blockchain technology.
Reserve Bank of Australia Governor Michele Bullock favors wholesale CBDC for interbank settlements, citing success in recent case studies as the central bank monitors global retail CBDC developments.
As part of the Scams Awareness Week this year, the Aussie Treasury proposed new codes for scams and assigned more specific responsibilities to government agencies.
The Australian Stock Exchange abandoned blockchain earlier this year and wrote down $155 million for the much-criticized project—it has now picked India’s Tata Consultancy Services to overhaul its system.
Australia has updated its tax guidance to include any interaction with decentralized lending platforms, liquidity pools and providers, and wrapped tokens.
Microsoft's $3.2B investment in Australia aims to drive AI, cloud growth, expands data centers, and fosters skills development, advancing the country's tech landscape.
Australia's central bank digital currency pilot achieves offline payments, but mass adoption faces hurdles due to card reluctance in emergencies.
The deputy governor of the Reserve Bank of Australia dismissed “speculative cryptocurrencies” and risky stablecoins but said tokenized deposits could unlock $11 billion in annual savings.
Mastercard demonstrated how a digital Australian dollar can be “wrapped” and deployed on various public blockchains, competing with existing stablecoins.