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Australian Central Bank Prioritizes Wholesale CBDC

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Australian Central Bank Prioritizes Wholesale CBDC
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Australian Central Bank Prioritizes Wholesale CBDC

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Source: Bitcoin.com

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 […]

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Author: Terence Zimwara

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