Australia's central bank pairs with industry on digital A$ projects

Nigeria News News

Australia's central bank pairs with industry on digital A$ projects
Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Australia's central bank is launching 14 pilot projects with the financial industry to develop real world applications for a digital Australian dollar, with the focus on business use rather than a new public means of exchange.

The Reserve Bank of Australia said proposed uses for a central bank digital currency included offline payments, corporate bond and FX settlement, tokenised bills and even livestock auctions.

 

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines



Render Time: 2025-01-09 18:59:26