Australia: Reserve Bank and DFCRC Research project on Central Bank Digital Currency
Progress
Scope
Timeline of events
Completed Reserve Bank and DFCRC research project on CBDC
On 23 August 2023, the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) jointly completed a research project on the potential use cases for a central bank digital currency (CBDC) in Australia. The project i…
SourceAnnounced Reserve Bank and DFCRC Research Project Exploring Use Cases for CBDC
On 2 March 2023, the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) announced use cases, along with their providers, which have been selected and invited to participate in a live pilot, part of the joint resear…
SourceClosed consultation on White Paper on CBDC project
On 31 October 2022, the public consultation on the White Paper entitled "Australian CBDC Pilot for Digital Finance Innovation" closes. The Reserve Bank and the Digital Finance Cooperative will study the risks and benefits of introducing a central ba…
SourceOpened consultation on White Paper on CBDC project
On 26 September 2022, the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) released a White Paper called "Australian CBDC Pilot for Digital Finance Innovation" outlining the objectives of their joint project. The…
SourceAnnounced Reserve Bank and DFCRC Research Project on CBDC
On 9 August 2022, the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) announced the launch of a research project to study the risks and benefits of introducing a central bank digital currency (CBDC). The researc…
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