Regulation
As the United States passes its first major cryptocurrency reform, responsibility for Australian rules is being cut across at least two ministerial portfolios.
Momentum in the open banking regime has been flagging but a reset last year has boosted activity, including a Mastercard-Equifax tie up called Open Score.
The HBO parent company is planning to make more local programming available to Australian subscribers of HBO Max, following its arrival in the market earlier this year.
A global stoush is brewing over stablecoins, but the Reserve Bank is keeping an open mind with new real-world digital currency trials.
As global stablecoin use soars, the Reserve Bank is launching new trials of fiat-backed crypto, blockchain and CBDCs in real-world financial applications.
APRA introduces a new operational risk standard but says it still sees uncertainty in global markets and has no plans to follow the US Fed in letting banks lower capital
The Bank for International Settlements has warned that stablecoins can’t replace real money, lacking central bank backing, flexibility and safeguards.
