Reserve Bank of Australia: Bitcoin ‘limited risk’ to payment systems
Australia's central bank has spelled out the perceived risks of bitcoin adoption in a document only recently made public.
The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.
Australia’s central bank is involved with several initiatives focused on blockchain technology, public records show.
Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia.
Governor of the Reserve Bank of Australia Glenn Stevens has issued new comments on blockchain technology.
The Reserve Bank of Australia does not believe that bitcoin should be regulated currently, arguing such action may require international cooperation.