Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital Currency Program The Reserve Bank of Australia (RBA) announced the
Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the
Reserve Rights (RSR) Scrambles for Support After 94% Drop Since All-Time High
Reserve Rights (RSR) is trading inside a bullish pattern but has broken down from a long-term support level. RSR has been falling since reaching an all-time high price of $0.119 on April 16, 2021. It created a lower high of $0.059 on Dec 2 before resuming its downward movement at a more accelerated rate. At