Reserve Bank of Australia and Digital Finance CRC Conclude Study on CBDC Implementation
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have collaboratively presented the findings from their joint research initiative, which focused on evaluating the viability of introducing a central bank digital currency (CBDC) in Australia. The report outlines conclusions drawn from the endeavour, which entailed active involvement from the industry […]
Monoova executes a cross-border settlement using the Australian CBDC
Source: The Paypers Australia-based Monoova has successfully completed the first real-world cross-border settlement using the Australian dollar CBDC. The feat was achieved during an invitation-only event held by the Reserve Bank of Australia (RBA) in collaboration with the Digital Finance Cooperative Research Centre for participants in the Australian Central Bank Digital Currency (CBDC) pilot project. The pilot […]