Australia to Prioritize Wholesale CBDC Over Retail

“The RBA is making a strategic commitment to prioritise its work agenda on wholesale digital money and infrastructure – including wholesale CBDC,” Brad Jones, assistant governor for the financial system, said in a statement on Wednesday. “At the present time, we assess the potential benefits as more promising, and the challenges less problematic, for wholesale CBDC compared to a retail CBDC.”

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 15,482
Markets: 1,163
Marketcap: $ 3.36 T
24h Vol: $ 282.14 B
BTC Dominance: 57.36%