Australia: Australian Reserve Bank Report on Stablecoins
Progress
Current status
adopted
08 Dec 2022 adopted
Scope
Implementers
Australia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Published Australian Reserve Bank Report on Stablecoins
On 8 December 2022, the Reserve Bank of Australia published a report titled “Stablecoins: Market Developments, Risks and Regulation”. The Report analyses the role of stablecoins in the systems underlying crypto-assets, the development of the stablec…
Event type
outline
Action type
adoption
Government branch
executive
Government body
central bank