RBA – Reserve Bank of Australia

20 November 2024

Renewed Call for Australia to HODL Bitcoin: Missed Opportunity Highlights Need for Action

ABIBActivity, Media Release RBA - Reserve Bank of Australia

The Australian Bitcoin Industry Body (ABIB) has renewed its call for the Reserve Bank of Australia (RBA) and the Australian Government to diversify national reserves by allocating a portion to Bitcoin. This follows the inaction on ABIB’s 2023 proposal and highlights Bitcoin’s growing global recognition as a resilient and decentralised reserve asset. ABIB emphasises the […]

15 November 2024

An Open Letter to RBA Board and Staff on Bitcoin

ABIBActivity, Media Release Open Letter, RBA - Reserve Bank of Australia

The Australian Bitcoin Industry Body (ABIB) has responded to recent remarks by RBA Governor Michele Bullock, who asserted that Bitcoin “is not money” and has “no role in the Australian economy,” by offering to collaborate with the RBA to improve understanding of Bitcoin’s unique role and benefits. ABIB proposed to provide educational resources, clarify distinctions […]