the Reserve Bank of Australia

Australia to explore use cases for central bank digital currency

The Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore use cases for a central bank digital currency (CBDC) in Australia.

Central banks of Australia, Malaysia, Singapore, South Africa to test central bank digital currencies for international settlements

Led by BIS Innovation Hub’s Singapore Centre, the project, dubbed Project Dunbar, aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs.