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Reserve Bank of Australia

Australia may opt for wholesale digital currency, central bank says

Wahid Pessarlay

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31 August, 2022

Australia may opt for wholesale digital currency, central bank says

The Reserve Bank of Australia is looking to press ahead with its CBDC adoption plan; however, it is eyeing to...

Australia’s CBDC research to include 1-year ‘limited scale’ pilot for digital currency

Wahid Pessarlay

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15 August, 2022

Australia’s CBDC research to include 1-year ‘limited scale’ pilot for digital currency

The Reserve Bank of Australia said the project would essentially evaluate the economic benefits and risks of launching a central...

Digital currency fad and FOMO will end soon, Australian central bank expert says

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23 November, 2021

Digital currency fad and FOMO will end soon, Australian central bank expert says

A senior executive at the Reserve Bank of Australia tore into digital currencies in a recent speech, saying that CBDCs...

Reserve Bank of Australia announces CBDC plans

Patrick Thompson

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2 November, 2020

Reserve Bank of Australia announces CBDC plans

The Reserve Bank of Australia (RBA) has announced that it is planning a Proof-of-Concept for a central bank digital currency

Australian central bank dismisses need for digital currency

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16 October, 2020

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: ‘No need’ for Aussie CBDC

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22 September, 2020

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.

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