Australian banks and fintechs to test use cases for CBDC
The Reserve Bank of Australia and the Digital Finance CRC have launched a research project to investigate possible use cases and economic benefits of a central bank digital currency in Australia.
14 industry partners have been selected from the applicants covering a number of use bases included asset trading, tokenisation and custodial models.
A report on the project is due to be published mid 2023.
24 March 2023