“What is clear is that if we embrace these developments, Australia has an enormous opportunity to capitalize on the convergence between finance and technology,” Treasurer Josh Frydenberg said. The Australian government is seriously considering the rollout of a central bank digital currency (CBDC) and has backed numerous forward-looking regulatory crypto proposals as part of a new “payments and crypto reform plan.” Treasurer Josh Frydenberg said the reforms “will firmly place Australia among a...

“What is clear is that if we embrace these developments, Australia has an enormous opportunity to capitalize on the convergence between finance and technology,” Treasurer Josh Frydenberg said. The Australian government is seriously considering the rollout of a central bank digital currency (CBDC) and has backed numerous forward-looking regulatory crypto proposals as part of a new “payments and crypto reform plan.” Treasurer Josh Frydenberg said the reforms “will firmly place Australia among a...