Reserve Bank of Australia: Will give priority to wholesale CBDC
2024-09-17 23:38:23
Australia Federal Reserve Assistant Chairperson Jones said start about development level central bankdesk3cryptocurrencydesktopCrypto News
The Reserve Bank of Australia Assistant Chairperson Jones said that an industry project on wholesale-level central bank digital currency (CBDC) and tokenized commercial bank deposits will be launched. Committed to a three-year digital currency research project. We will prioritize wholesale central bank digital currency. Wholesale central bank digital currency has greater economic benefits than retail central bank digital currency. The launch of retail central bank digital currency will be decided by the government and subject to legislation.
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