Australian Reserve Bank Has ‘Strategic Commitment’ To Develop CBDC System, According to Assistant Governor

Australia’s central bank and banknote issuing authority is pursuing initiatives on central bank digital currency (CBDC) and digital money. According to Reserve Bank of Australia (RBA) assistant governor Brad Jones, the central bank’s work agenda on digital money will focus more on wholesale CBDC used by banks and other financial institutions than on retail CBDC The post Australian Reserve Bank Has ‘Strategic Commitment’ To Develop CBDC System, According to Assistant Governor appeared first on The Daily Hodl .