Cryptocurrency News
The Reserve Bank of Australia to explore use cases for CBDC
2022.08.09 23:34
The Reserve Bank of Australia to explore use cases for CBDC
The Reserve Bank of Australia weighs in the central bank digital currencies (CBDCs) race to explore use cases for a CBDC in the country. It will collaborate with the Digital Finance Cooperative Research Centre (DFCRC) on a respective research project.
As stated in an announcement on Tuesday, the joint project of the Reserve Bank and DFCRC will focus on “innovative use cases and business models” that could be supported by the issuance of a CBDC. The technological, legal and regulatory considerations will also be assessed in the project’s course.
