Australian Central Bank Governor Stated That Digital Assets Issued Privately Can Be Beneficial

Last updated: June 9, 2025, 00:19

Australian Central Bank Governor Stated That Digital Assets Issued Privately Can Be Beneficial

The Reserve Bank of Australia

The Reserve Bank of Australia (RBA) and Treasury have released a report on central bank digital currency (CBDC). It summarises the research done so far and explains

Australian central bank governor favors private sector crypto

Australian Central Bank Governor Stated That Digital Assets Issued

Australian Central Bank governor backs

Privately issued but regulated digital currencies have benefits

Australian Central Bank Governor Prefers Privately Issued Tokens

Australian Central Bank governor backs privately issued digital currencies. Regulated Consumer-focused digital tokens issued by private firms likely could be better than central bank-issued

Consumer

Australian Treasury have been examining arguments for and against introducing a central bank digital currency (CBDC), as well as considering aspects of CBDC design. The use of physical

Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the

Central Bank Digital Currency and - Reserve Bank of Australia

Australian central bank Governor Phillip

Australia’s Central Bank’s Verdict on Tokenization and

Australian central bank governor Phillip Lowe said at a G20 event that regulated private tokens could be better than Central Bank Digital Currencies.

Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation. Lowe

Philip Lowe

Australian Central Bank governor backs privately issued digital

Central bank digital currency and the future of digital money in

Philip Lowe, the Australian central bank governor, spoke at the G20 official meeting, stating that privately issued digital assets can be beneficial. The reports published by