Australia open to idea of CBDC as future of money — RBA
The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use.
Auto Added by WPeMatico
The assistant governor of the Reserve Bank of Australia noted that pilot projects have highlighted several key areas where CBDCs could be of great use.
An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if…
The “big four” Australian bank is the second to issue a stablecoin and hopes to support transactions by corporate clients by the end of the year.
The pilot project will last a year, and the details for potential participants will be published in the next few months.