Over the past two days, there has been a lot of development in the global crypto arena, including the publishing of the Australian central bank digital currency (CBDC) whitepaper.
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Australian Releases CBDC Whitepaper
The Reserve Bank of Australia (RBA) in a release on September 26, has stated that they are collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project about exploring the potential use cases for a central bank digital currency (CBDC) in Australia. The RBA has also released a whitepaper regarding the same and explained the objective behind such a project in detail.
The RBA is also seeking inputs from interested industry participants for potential use cases of CBDC, and how it can benefit the Australian economy and...
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