Search: CBDC
RBA Glossary definition for CBDC
CBDC – Central Bank digital currency - used to refer to a digital version of fiat currency, a form of digital money that is a liability of the central bank rather than a commercial bank and which is legal tender. Similar to cash and commercial bank deposits, a CBDC would be denominated in the sovereign currency and convertible at par with other forms of money.
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Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
201KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/abbreviations.pdf
An Efficient, Competitive and Safe Payments System
14 Dec 2022
Speech
Speech delivered by Philip Lowe, Governor, at Australian Payments Network Summit 2022, Sydney
https://www.rba.gov.au/speeches/2022/sp-gov-2022-12-14.html
Digital Currencies
12 Aug 2022
PDF
344KB
What are the main differences between cryptocurrencies and CBDCs? In other words, what makes a CBDC money? ... The Reserve Bank remains cautious about whether issuing a CBDC would be in the public interest.
https://www.rba.gov.au/education/resources/explainers/pdf/cryptocurrencies.pdf
The Future of Payments: Cryptocurrencies, Stablecoins or Central Bank Digital Currencies?
26 Nov 2021
Speech
PDF
322KB
They have also questioned the idea that the Fed needs to introducea CBDC to compete with foreign CBDCs, cryptocurrencies or stablecoins. ... Given the possibility that the balance could shift towards a case for issuance of retail CBDCs, theBank has been
https://www.rba.gov.au/speeches/2021/pdf/sp-so-2021-11-18.pdf
Payments System Board Update: August 2020 Meeting
21 Aug 2020
Media Releases
Today’s Payments System Board meeting discussed its annual assessment of the ASX clearing and settlement facilities, work on the Review of Retail Payments Regulation, implications of declining cash use for the provision of cash services, and
https://www.rba.gov.au/media-releases/2020/mr-20-19.html
Payments System Board Annual Report 2023
11 Oct 2023
PSB Annual Report
- 2023
PDF
2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf
Annual Performance Statement for 2021/22
27 Oct 2022
RBA Annual Report
– October 2022
Work by the Banks Innovation Lab and with external partners to research the case for, and implications of, CBDCs. ... other research into the merits of issuing CBDC, and the potential forms it could take.
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.html
Retail Central Bank Digital Currency: Design Considerations and Rationales
15 Oct 2020
Speech
PDF
284KB
How Might a Retail CBDC Be Designed?Because most central banks are only in the early stages of considering issuing retail CBDCs, theattributes and design features of a possible CBDC are ... Proponents of CBDCs have suggested that aretail CBDC that was
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-10-14.pdf
Abbreviations
27 Sep 2023
PSB Annual Report
– 2023
BNPL. Buy now, pay later. CBDC. Central bank digital currency. CBL.
https://www.rba.gov.au/publications/annual-reports/psb/2023/abbreviations.html
Payments: The Future?
8 Dec 2021
Speech
PDF
299KB
This would be a form of retail central bank digital currency (CBDC) – oran eAUD. ... Yesterday, we released the report on Project Atom, which is a wholesale CBDC research project weconducted with four external parties.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-09.pdf