Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues.
Australia marks first FX transaction using a CBDC as eAUD pilot continues
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain.
Australian ‘Big Four’ bank ANZ halts cash withdrawals from many branches
The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near.
Coinbase met with Australian banking regulators over local crypto regulations
Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts.
Australian central bank to launch ‘live pilot’ of CBDC in coming months
The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot.
Turkey’s central bank completes first CBDC test with more to come in 2023
After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023.
Digital assets could add $40B a year to Aussie GDP: Tech Council report
A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report.
Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits
Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance.
True or false: 91% of surveys about Bitcoin and crypto are totally wrong
Welcome to the statistically dubious world of cryptocurrency surveys. Here, we’ll find out how many Aussies really own crypto, and why there are so many different claims.
Reserve Bank warns Aussies over punting on ‘fad driven’ cryptocurrencies
The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in.
Coronavirus Rate Cuts: Australia’s Central Bank Did It First
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.
‘Don’t Hold Your Breath:’ Australia’s Central Bank Chief Bearish On Libra
Australian regulators don’t expect Libra to gain much traction in the land down under.