Central Bank Digital Currency (CBDC)

The Reserve Bank of Australia (RBA) is actively researching central bank digital currency (CBDC) as a complement to existing forms of money. This announcement highlights the RBA's focus on developing a new digital form of money, which could potentially replace traditional banknotes and coins.

The Reserve Bank of Australia (RBA) is actively researching Central Bank Digital Currency (CBDC) as a complement to existing forms of money. This update outlines the RBA's current position on CBDC and its potential benefits.