News
Australia Reserve Bank Trials Central Bank Digital Currency
Australian Reserve Bank (RBA) recently revealed that it simulated the use of central bank digital currency (CBDC) in a wholesale payment system based on the Ethereum network, with...
News
RBA to Block Facebook’s Libra in Australia
Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are...
Op-Ed
Bitcoin Won’t See Widespread Adoption in Australia, RBA Official Says
A senior official at the Reserve Bank of Australia (RBA) said that bitcoin is unlikely to be widely adopted in the country. He outlined the digital currency’s price volatility as...
News
Governor of Australia’s Central Bank Calls Interest in Bitcoin ‘Speculative...
While many global financial institutions are slowly climbing on board the Bitcoin train, a few are still not feeling the virtual currency, such as the governor of Australia’s...