Reserve Bank of Australia: Will prioritize wholesale central bank digital currency
ChainCatcher news, Assistant Governor Jones of the Reserve Bank of Australia stated that an industry project will be launched regarding central bank digital currency (CBDC) at the wholesale level and tokenized commercial bank deposits. This is part of a three-year digital currency research project.
The Reserve Bank of Australia will prioritize wholesale central bank digital currency. Wholesale central bank digital currency has greater economic benefits compared to retail central bank digital currency. The introduction of retail central bank digital currency will be decided by the Australian government and requires legislation. (Jin Ten)
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
