RBA Says Australian CBDC is Years Away After Pilot Study

RBA Says Australian CBDC is Years Away After Pilot Study

The Reserve Bank of Australia (RBA) has announced that the introduction of a central bank digital currency (CBDC) in Australia is not imminent, as it requires more policy deliberation and research. The announcement follows the completion of a pilot study conducted by the RBA and the Digital Finance Cooperative Research Centre (DFCRC), a consortium of […]

Reserve Bank of Australia is seeking potential use cases for CBDC

Reserve Bank of Australia is seeking potential use cases for CBDC

The Reserve Bank of Australia in collaboration with the Digital Finance Cooperative Research Centre (DFCRC) is investigating potential uses for central bank digital currencies (CBDCs) in the nation. The collaborative project of the Reserve Bank of Australia and DFCRC would concentrate on “new use cases and business models” that might be supported by the issuing […]