RBA Consults on Tokenized Settlement Services
Reserve Bank of Australia seeks views on adapting systems for tokenized asset settlement while upholding stability; consultation closes October 30.
The Reserve Bank of Australia has launched a consultation on the role its information and transfer systems could play in settlement services for tokenized asset markets.
Related findings on retail payments
The consultation seeks input on supporting growth in tokenized assets and private money while maintaining financial safety, operational efficiency, and stability. It closes on October 30.
A joint RBA-Treasury report found that Australia's retail payments system serves households and businesses well, with no sufficient public interest case for a retail central bank digital currency.
Open questions
The scope and outcome of the consultation remain unknown, and no timeline has been set for any subsequent policy or system changes.