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RBA Is Yet to See Case for Direct Lending to Funds During Crisis

RBA Is Yet to See Case for Direct Lending to Funds During Crisis
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AUD/USD Price Forecast: Aussie Dollar Bruised by Chinese PMI's

AUD prices fell after Chinese manufacturing PMI’s slipped back into contractionary territory as markets look ahead to US CB consumer confidence.

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Australia central bank sees possible cost savings in tokenisation

Australia central bank sees possible cost savings in tokenisation
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Australia central bank sees possible cost savings in tokenisation

Australia s central bank on Monday said tokenised money could help save billions of dollars in costs in domestic financial markets, as it studies whether and how to launch a central bank digital.
-October 15, 2023 at 07:19 pm EDT
- MarketScreener

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Australia Central Bank Sees Possible Cost Savings in Tokenisation

Australia Central Bank Sees Possible Cost Savings in Tokenisation
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The Fiji Times » Australia central bank sees possible cost savings in tokenisation

The Fiji Times » Australia central bank sees possible cost savings in tokenisation
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Australia central bank sees possible cost savings in tokenisation

Australia's central bank on Monday said tokenised money could help save billions of dollars in costs in domestic financial markets, as it studies whether and how to launch a central bank digital currency. In a speech on tokenisation, Reserve Bank of Australia (RBA) Assistant Governor Brad Jones said a key priority for the bank was assessing how different forms of digital money and infrastructure could support the development of tokenised asset markets. Australia's government on Monday separately outlined proposals for regulating crypto and digital assets that will make platforms subject to existing Australian financial services laws and require platform operators to obtain an Australian Financial Services Licence.

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Australia central bank sees possible cost savings in tokenisation

Australia's central bank on Monday said tokenised money could help save billions of dollars in costs in domestic financial markets, as it studies whether and how to launch a central bank digital currency. In a speech on tokenisation, Reserve Bank of Australia (RBA) Assistant Governor Brad Jones said a key priority for the bank was assessing how different forms of digital money and infrastructure could support the development of tokenised asset markets. Australia's government on Monday separately outlined proposals for regulating crypto and digital assets that will make platforms subject to existing Australian financial services laws and require platform operators to obtain an Australian Financial Services Licence.

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