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Reserve Bank of Australia reports on BNPL use surge

News | Payments General | 30 Nov 2023

The Reserve Bank of Australia has conducted a survey that reveals a sharp increase in Buy Now, Pay Later use among young adults.

BNPL, online payments, report, survey, banks

Reserve Bank of Australia and Digital Finance CRC conclude CBDC research project

News | Cryptocurrencies | 23 Aug 2023

The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have jointly unveiled the results of a collaborative research endeavour focused on the potential implementation of a central bank digital currency (CBDC) in Australia. 

CBDC, central bank, study

Reserve Bank of Australia selects 14 CBDC use cases

News | Cryptocurrencies | 06 Mar 2023

The Reserve Bank of Australia (RBA) has announced on 3 March 2023 that it has selected 14 digital currency proposed use cases from the many submissions obtained from industry participants.

CBDC, central bank, digital currency, digital assets, cryptocurrency

Australia to test CBDC potential

News | Cryptocurrencies | 26 Sep 2022

The Reserve Bank of Australia (RBA) has announced plans to identify business models and uses for a central bank digital currency, or eAUD, and is likely to conduct a pilot early in 2023.

CBDC, central bank, digital currency, cryptocurrency, digital assets

Australia is looking into CBDC implementation

News | Cryptocurrencies | 10 Aug 2022

Australia’s Reserve Bank is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC).

CBDC, central bank, digital currency, regulation