The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have released a report detailing the findings of their pilot program exploring the use cases for a potential e-AUD, a central bank digital currency (CBDC). The pilot found four primary areas which could be improved by a CBDC, including enabling complex payments and asset tokenization, supporting financial markets innovation, promoting innovation in emerging private digital money sectors, and enhancing resilience and inclusion within the digital economy. However, the report also noted that some participants were uncertain of the legal status and regulatory treatment of the CBDC due to its real legal claim on the RBA. This uncertainty would need to be addressed in any legal and regulatory reforms that accompany the issuance of a CBDC.

Information	Details
Geography	Australia
Countries	🇦🇺
Sentiment	neutral
Relevance Score	8
People	None
Currencies	eAUD, Bitcoin, Ethereum, USD, AUD
Securities	None