Latest Reserve Bank of Australia News: Finextra Research

Australia to commence multiple trials of tokenised asset settlement and CBDC

Project Acacia, a joint initiative between the Reserve Bank of Australia and Digital Finance Cooperative Research Centre (DFCRC), has selected 14 participants to undertake trials of tokenised asset settlement in financial markets.

10 July 2025

/payments

AusPayNet and AP+ launch consultation on future of Australian A2A payments

Australia's payment industry and its domestic payments provider have launched a public consultation on the future of account-to-account payments in the country.

09 July 2025

/markets

Regulators haul ASX over the coals following batch settlement breakdown

The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (Asic) have expressed grave concerns about the management of operational risk at the country's leading stock exchange following a batch settlement failure in December last year.

01 April 2025

/payments

RBA bangs heads over proposals to decommission Bulk Electronic Clearing System

The Reserve Bank of Australia has called for more clarity in planning for the decommissioning of the Bulk Electronic Clearing System (Becs), arguing that the industry is yet to arrive at a shared vision of the desired features of account-to-account payments in Australia and that there has been insufficient industry coordination, planning and certainty regarding the transition.

12 March 2025

/crypto

Australia seeks industry participation in CBDC project

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.

12 November 2024

/regulation

Central banks prove use case for embedding compliance into cross-border transactions

The Bank for International Settlements (BIS) along with central banks in Australia, Korea, Malaysia and Singapore have successfully demonstrated the feasibility of embedding regulatory compliance requirements with cross-border financial transactions.

28 October 2024

/crypto

Australia gives priority to wholesale CBDC over retail

The Reserve Bank of Australia is to prioritise the issuance of a wholesale central bank digital currency over a retail CBDC, arguing that a clear business case for the latter has yet to emerge.

19 September 2024

/regulation

Australia moves to give RBA oversight of Apple Pay

Australia's government has set out plans to regulate digital wallet providers such as Apple and Google in the same way as other payment services.

13 October 2023

/regulation

Central banks bid to embed compliance requirements into real-time transactions

The Bank for International Settlements, along with the central banks of Australia, Korea, Malaysis and Singapore, is exploring the possibility of embedding regulatory requirements into cross-border transactions.

05 October 2023

/crypto

Australian central bank CBDC research highlights long path to any future deployment

A year-long research project by the Reserve Bank of Australia has uncovered a number of legal, regulatory, technical and operational issues that could stymie the introduction of a central bank digital currency (CBDC)

23 August 2023