The project consisted of a proof-of-concept (POC) for the issuance of a “tokenized form of CBDC” that could be utilized in a digitized wholesale syndicated loan market. The testing took place on an Ethereum-based distributed ledger technology (DLT) platform.

The project consisted of a proof-of-concept (POC) for the issuance of a “tokenized form of CBDC” that could be utilized in a digitized wholesale syndicated loan market. The testing took place on an Ethereum-based distributed ledger technology (DLT) platform.

for fintech and crypto regulation in Australia. The government has indicated it is in favor of at least six crypto reform proposals recommended by a Senate Committee, and is investigating others.

for fintech and crypto regulation in Australia. The government has indicated it is in favor of at least six crypto reform proposals recommended by a Senate Committee, and is investigating others.

Commenting on Project Atom, RBA’s assistant governor (Financial System) Michele Bullock noted that it “demonstrated the potential for a wholesale CBDC and asset tokenization to improve efficiency, risk management and innovation in wholesale financial market transactions.” A wholesale CBDC refers to a central bank issued digital currency that is designed for the settlement of interbank transfers and transactions between financial institutions, as opposed to a retail CBDC that is intended for p...

Commenting on Project Atom, RBA’s assistant governor (Financial System) Michele Bullock noted that it “demonstrated the potential for a wholesale CBDC and asset tokenization to improve efficiency, risk management and innovation in wholesale financial market transactions.” A wholesale CBDC refers to a central bank issued digital currency that is designed for the settlement of interbank transfers and transactions between financial institutions, as opposed to a retail CBDC that is intended for p...

The CBDC research was published on Dec. 8, the same day Treasurer and Deputy Liberal leader Josh Frydenberg unveiled an ambitious “payments and crypto reform plan

The CBDC research was published on Dec. 8, the same day Treasurer and Deputy Liberal leader Josh Frydenberg unveiled an ambitious “payments and crypto reform plan