The first foreign exchange (FX) transaction using the the Reserve Bank of Australia’s central bank digital currency (CBDC) has been a success. ASX-listed DigitalX (ASX:DCC) and fund manager TAF Capital were involved in the trade of eAUD to USDC stable coin on May 17, with blockchain fintech Canvas central to the test FX transactions. The trade… Read more »
In what promises to be the hottest currency issued by the Reserve Bank of Australia (RBA) since 1981’s Charles and Diana 50 cent wedding coins, the RBA will launch a pilot central bank digital currency (CBDC) as part of a research project to assess use cases and potential economic benefits. The RBA is collaborating with… Read more »
Experts are warning the Reserve Bank of Australia (RBA) needs to be extremely carefully about how it pursues a Central Bank Digital Currency (CBDC) with fears it could destabilise the economy or create a dystopian nightmare. Central banks around the world are now exploring the evolution of fiat currency through CBDCs in response to the… Read more »
Digital currency exchange Binance Australia has appointed Leigh Travers, the former CEO of ASX-listed blockchain company DigitalX, as its new Executive Officer. Travers spent seven years at DigitalX. He previously created a tech and investment professionals startup hub in WA and has served on the board blockchain industry body, Blockchain Australia. Travers has provided technical,… Read more »
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