Australian Central Bank Chief: Questions About Blockchain Remain
Governor of the Reserve Bank of Australia Glenn Stevens has issued new comments on blockchain technology.
Reserve Bank of Australia
The Australian central bank does not see a strong case for issuing a retail central bank digital currency, its head of payments policy said.
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.
The partnership, which also includes top Australian banks, will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology.
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.
Reserve Bank of Australia
