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Australia to prioritise wholesale CBDC over retail

News | Cryptocurrencies | 23 Sep 2024

The Reserve Bank of Australia has made a strategic commitment to prioritise working on the development of a wholesale central bank digital currency (CBDC).

cryptocurrency, crypto, crypto asset, CBDC

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