Reserve Bank of Australia announces CBDC plans
Reserve Bank of Australia has announced plans for a CBDC proof-of-concept; the bank says the project will be finished by the end of the year.
Latest Reserve Bank of Australia News
Australian central bank dismisses need for digital currency
Australia’s digital payments systems are adequate for the citizens’ needs, according to Tory Richards, head of payments policy at the Reserve Bank of Australia.
Reserve Bank of Australia: ‘No need’ for Aussie CBDC
The Reserve Bank of Australia is reportedly skeptical of the benefits of CBDCs, and is also concerned about private stablecoins.
BTC doesn’t meet Australia central bank’s criteria to be classified as money
The head of Reserve Bank of Australia’s payments policy has not left any optimism on the chances of BTC being adopted in the real world.
Australian central bank thinks cryptocurrencies have nothing on AUD
Tony Richards, head of the payments policy of the Reserve Bank of Australia, said cryptocurrencies gained minimal pickup in Australia, and it’s likely to stay that way for a while.