RBA on Cryptocurrencies – “significant amount of hype and misinformation in this area”

  


The Reserve Bank of Australia’s Tony Richards, Head of Payments Policy, spoke to the Australian Corporate Treasury Association

Full text is here:

Its an instructive speech, centring on:

  • Given the possible significant role of CBDCs and stablecoins in payments in the future, I will now provide a brief overview of work in this area by the Reserve Bank and the official sector more broadly.

Meanwhile, a BTC update:

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