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No need for central bank digital currency in Australia says Reserve Bank

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While other countries may be placing central bank digital currencies — also known as CBDCs — at the top of their agenda, Australia could...

Blockchain platform commercializes digital bank guarantees in Australia

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The Lygon blockchain platform, which runs on IBM Public Cloud, has reportedly successfully conducted its pilot since last year with Australian banks ANZ, Commonwealth...

UK’s Revolut begins crypto trading services in Australia

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Australians can now access six cryptocurrencies on the Revolut app. Revolut launched its "super app" in August, where there was a waiting list of close...

Three of Australia’s “big four” banks bring bank guarantees on blockchain

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Three of the “big four” Australian banks are forming a new company called Lygon to digitize bank guarantees using blockchain technology.  Bank guarantees are an...

Ripple (XRP) breaks support as the platform faces lawsuit in Australia

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Ripple (XRP) price broke below key short-term support at $0.27 yesterday, as sellers take control An Australian financial services company is suing Ripple Labs on...