# A New Australian Version Of Bitcoin - Reserve Bank Chief Flags The Creation Of A New Cryptocurrency

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7406
Published: 2021-03-15T06:23:03.000Z
Updated: 2021-03-15T06:23:03.000Z

With investors increasing turning to an alternative money, Reserve Bank of Australia governor Philip Lowe said Australia could one day have its own version of a digital currency.

"Another example where technology and data are opening up new possibilities is in the area of digital currencies," he told the Melbourne Business Analytics Conference on Monday, March 15.

"The RBA is conducting research on the technologies and policy implications of a potential wholesale central bank digital currency."

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