The Reserve Bank of Australia has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency.
Reserve Bank News
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The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.
10441This marks the second “Big Four” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.
9076The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks and operational models for a CBDC in Australia.
5057The Digital Dollar Project’s Technical Sandbox Program is set to begin in October, aiming to provide a clearer understanding of the ramifications of a United States CBDC.
2778The banking authority said avoiding risk by cutting off crypto-involved clients may pose a “threat” to financial integrity.
2822South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.
7797The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs.
4906The report by PwC shows that 80% of central banks are considering or have already launched a CBDC.
4307Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBDC issuance.
7966Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi.
11670The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra.
2936The South African Reserve Bank’s latest cryptocurrency report has led to a positive outlook for the sector in the country.
4446St. Louis Federal Reserve publishes a paper on crypto and Blockchain, touting the importance of Bitcoin as a future asset class.
37628Reserve Bank of Australia’s Payments Policy Department officials claim that the cryptos and Blockchain do not pose urgent regulatory issues so far.
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