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Reserve Bank of Australia Unveils Proposed CBDC Use Cases
The Reserve Bank of Australia said on March 3 that it has selected 14 digital currency proposed use cases from a large number of submissions obtained from industry participants. An assistant governor at the RBA, Brad Jones, said the Aussie central bank is encouraged by the composition of providers that have been “invited to participate in the live pilot.” Collaboration Between Industry…
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Ripple Exec Reveals Middle East Expansion
Ripple Exec Reveals Middle East Expansion
Ripple has set its eyes on expanding into the Middle East, with its Global Head of Infrastructure Innovation Dilip Rao revealing that a new office would be set up in Dubai during Q4 of 2018, and that around 200 institutions had already signed up for services.
Ripple will be aiming to break into the cross-border payment system in the region and help facilitate global business transactions as well.
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