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Aug 2023
Overall, this research project has helped to advance understanding of a number of issues related to the potential issuance of a CBDC in Australia, including by:
yielding valuable insights into how a CBDC could be used by industry to enhance the functioning of the payments system
highlighting a range of legal, regulatory, technical and operational issues associated with CBDC that need to be better understood
providing a forum for increased industry engagement and information exchange with policymakers, including relating to the challenges and opportunities in further enhancing the operation of the payments system using new forms of digital money
identifying a range of areas for future research into the future of money in Australia.
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