Tag "Reserve Bank of Australia (RBA)"

Exploring the Australian CBDC Pilot for Digital Finance Innovation

In the fast-evolving world of payments, where preferences shift and technologies advance, the concept of a Central Bank Digital Currency (CBDC) has emerged as a focal point.  This reflects the changing payment dynamics among households and businesses and the concurrent

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Michele Bullock to Succeed Philip Lowe as RBA Governor

The Reserve Bank of Australia’s (RBA) Deputy Governor Michele Bullock has appointed as the new Governor for a seven-year term commencing 18 September 2023. She will be the first woman to lead the RBA. The role of the Reserve Bank’s

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Australian Central Bank Set to Launch CBDC Live Pilot in a Few Months

The Reserve Bank of Australia (RBA) will be launching its live central bank digital currency (CBDC) pilot in the next few months. The central bank has been collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project

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Australia to Explore Potential for Retail and Wholesale CBDCs

The Reserve Bank of Australia (RBA) is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) to explore use cases for a central bank digital currency (CBDC). The (DFCRC) is a 10-year, A$180 million research programme funded by industry partners,

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