The Reserve Bank of Australia is moving full steam ahead with the development of its central bank digital currency project. It recently announced that it has entered into a partnership with the Digital Finance Cooperative Research Centre (DFCRC) to explore the use cases for CBDC in the country. In an announcement on Tuesday, the Reserve Bank said that while considerable research has already been done on the feasibility and possible technical design of CBDC, it still needs to explore its potential use cases as well as the economic benefits of introducing one. The project with the DFCRC...
source: https://tokenpost.com/Australia-to-launch-a-1-year-pilot-to-explore-CBDC-use-cases-9727
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