When Facebook backed the Libra cryptocurrency in 2019, governments around the world took notice. Libra still hasn’t launched, but the Facebook cryptocurrency and China’s digital Yuan pilot are prompting...
The Australian digital identity ecosystem is “fragmented and siloed”, leading to security and privacy concerns, according to Reserve Bank governor Philip Lowe. At an address to the 2019 Australian...
The federal government has finally got the big banks to chip into its business growth fund, which is set to launch next year with more than $500 million in...
The federal government has launched a whirlwind five-day consultation period for its $100 million cash injection into its business growth fund, which would provide “patient capital” to Australian SMEs....
The Reserve Bank of Australia has warned against an uncoordinated approach to digital identity, saying this would lead to “inefficiencies” and security risks. Addressing the Business Banking Summit last...
I’ve often said that Australia’s biggest obstacle to measurable success in the increasingly ruthless 21st century digital era is culture. Specifically, a cultural aversion to big ideas, global ambition...
The Reserve Bank of Australia boss has slammed the rapidly increasing valuations of Bitcoin and other crypto currencies as a “speculative mania,” but has nonetheless confirmed the RBA is...
The Reserve Bank of Australia is keenly observing the development of digital currencies and has acknowledged the vast opportunities that the blockchain offers the financial sector. Speaking at a...
A number of local FinTech startups have lobbied the Reserve Bank of Australia to create a cryptocurrency version of the Australian dollar. Three use cases from Australian FinTechs were...
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