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RBA looks into central bank digital currency

The RBA released a submission to the Senate Select Committee on Financial Technology and Regulatory Technology in December. The submission states that the RBA is keeping a watchful eye on the global development of cryptocurrency and has reviewed the viability of using this technology to create and implement a central bank digital currency. You can read about their findings here.


#cryptocurrency

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Australia's cash rate remains at 25 basis points

RBA maintains Australia's target cash rate at a historically low 25 basis points. You can read the statement by RBA Governor, Philip Lowe, following this link. #smallbusiness #interestrate #australian

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