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CBDC

Australia’s Central Bank Suffers Billions in Bond Purchase Program Losses

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Australia’s Central Bank Suffers Billions in Bond Purchase Program Losses The Reserve Bank of Australia has revealed that it lost money on its bond-purchasing program. Michele Bullock, Deputy Governor of the Reserve Bank of Australia (RBA), spoke at a Bloomberg-hosted event in Sydney yesterday. Bullock claimed that Australia’s central bank lost a significant amount of …

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The Reserve Bank of Australia is seeking feedback on CBDC pilot programme use cases.

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The Reserve Bank of Australia is seeking feedback on CBDC pilot program use cases. The Reserve Bank of Australia (RBA) is looking for feedback on the use cases and features of a central bank digital currency (CBDC). It released a white paper this week about a multi-year pilot program that will include a CBDC test …

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The CBDC Can Be Used as a Negotiation Tool Between Russia and China

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The CBDC Can Be Used as a Negotiation Tool Between Russia and China A senior Russian senator said that once a digital ruble is set up early next year, Russia plans to use it to settle debts with China. This is part of Russia’s plan to reduce Washington’s financial dominance around the world. Adoption based …

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