The People’s Bank of China has announced it will launch an online currency in an attempt to reduce costs and combat money laundering. But the move is at odds with the bank's previous stance.
Banks have been experimenting with Ripple’s technology, which could make payments far more efficient, but a recent report questions whether it can handle larger volumes.
The Reserve Bank of Australia has officially acknowledged digital currencies as part of its financial landscape, but will not impose any regulatory structure on them, for now.