Australian central bank launches CBDC research project

rba-night
The RBA at night
Photo: RBA

Australia’s central bank said today (August 8) that it is launching a one-year research project to examine the potential economic benefits of introducing a central bank digital currency (CBDC).

The Reserve Bank of Australia will work on the project with the Digital Finance Cooperative Research Centre (DFCRC), a government-funded industry group.

The programme will focus on innovative use cases and business models that could be supported by the launch of a CBDC, said the RBA. It will also be an

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.