RBA to run trials on tokenised asset settlement

Bank invites industry proposals on ways of settling transactions using digital money

Digital currency

The Reserve Bank of Australia (RBA) is calling on industry players to join experiments on how new forms of digital money could support the settlement of tokenised assets.

In a consultation paper published on November 8, the RBA and the Digital Finance Cooperative Research Centre (DFCRC) said they would partner with selected industry stakeholders next year to develop and test prototypes of one or more models for settlement in wholesale tokenised asset markets. The experiments will be based on use

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