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The Reserve Bank of Australia is considering use of a digital currency

Eamonn Sheridan
01/11/2020 | 23:17 GMT

The RBA is researching the poroposal with various partners.

Full text is here:

  • Reserve Bank partners with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software on Wholesale Central Bank Digital Currency Research Project

In brief:

  • exploring potential use and implications of a wholesale form of central bank digital currency
  • project will explore funding, settlement and repayment of a tokenised syndicated loan on an ethereum-based DLT platform
The RBA is researching the poroposal with various partners.

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