Australia’s central bank invites CBDC proposals

RBA aims to launch a CBDC pilot early next year


The Reserve Bank of Australia is inviting market participants to submit business plans for a central bank digital currency, or eAUD, paving the way for a pilot early next year.

The research project, first announced in August, is jointly run by the RBA and the Digital Finance Cooperative Research Centre, a government-funded industry group.

The project will help improve understanding of some of the technological, legal and regulatory considerations associated with a CBDC, according to a white

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