CroSat
bitcoin newsSep 19, 2024

Australian Central Bank Prioritizes Wholesale CBDC

The Australian Central Bank is focusing on a wholesale central bank digital currency (CBDC) due to its potential economic benefits compared to a retail CBDC. The Reserve Bank of Australia…

Australian Central Bank Prioritizes Wholesale CBDC

Australian Central Bank Prioritizes Wholesale CBDCThe Australian Central Bank is focusing on a wholesale central bank digital currency (CBDC) due to its potential economic benefits compared to a retail CBDC. The Reserve Bank of Australia (RBA) has launched Project Acacia, a three-year plan to explore wholesale CBDC opportunities. While the RBA and Treasury could still consider a retail CBDC, a […]

Source Link

Related stories