Reserve Bank of Australia to explore options for using CBDC

The Reserve Bank of Australia, together with the Digital Finance Corporate Research Center, is launching a pilot project to explore practical use cases for CBDC. Previously, the Reserve Bank of Australia (RBA) conducted preliminary studies on the possible technical design of the state cryptocurrency (CBDC), in particular, studied the potential use of distributed ledger technology in the financial sector. At the moment, the question of applied options for using the digital currency of the Central…