Skip to Primary Navigation

Australia puts CBDC on hold for ‘some years’ after research

RBA CBDC study cover
Photo: Reserve Bank of Australia/Digital Finance Cooperative Research centre

Project concludes legal, regulatory, technical and operational issues still to be resolved.

Australia’s central bank has delayed making any decision on a central bank digital currency (CBDC) for “some years” after conducting a year-long research project.

The Reserve Bank of Australia (RBA) concluded that “a CBDC has the potential to support increased efficiency and resilience in some areas of the payments

Get full access, free for a month

Start your 28-day free trial to continue reading and accessall content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience