Australia’s Central Bank prioritizes wholesale central bank digital currency (wCBDC) over retail, citing greater economic benefits.
By Regtech Africa
Australia’s Central Bank prioritizes wholesale central bank digital currency (wCBDC) over retail, citing greater economic benefits. The Reserve Bank of Australia (RBA) has announced a strategic focus on launching a wCBDC over the next three years, moving away from the idea of a retail CBDC.
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