pilot

Central bank digital currency (CBDC) roll-out has raised a range of views and concerns as major banks sign on to a pilot.

The scheme could pave the way for at-risk women to transition from renting to home ownership by accumulating a home loan deposit.

The “day 1” pilot transactions across both PEXA and Sympli represent a “critical milestone”, according to the regulator.

The adoption of digital currency for mortgages is anticipated to progress at a ‘slower’ pace compared to other categories of financial assets, the pilot report has revealed.