Australian CBDC receives unexpected interest but could hurt banks: RBA

The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.

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Australia to Continue Treating Cryptos as Assets

According to the Australian government's budget announcement on Tuesday, legislation will be put upon treating digital currencies such as bitcoin as an asset. (Read More)

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Australian CBDC Pilot Test to Commence Next Year - RBA

The Reserve Bank of Australia (RBA) has published a Whitepaper to give additional insights into its proposed Central Bank Digital Currency, dubbed the eAUD. (Read More)

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Australia marks first FX transaction using a CBDC as eAUD pilot continues

Australia has successfully made its first foreign exchange transaction using eAUD as part of a live pilot for the country’s potential central bank digital currency (CBDC). It comes amid a rising interest from countries around the world to learn about or launch central bank-issued digital currencies. In a statement, blockchain infrastructure provider Canvas said on [...]

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