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RBA to prioritise wholesale CBDC work over retail

By Staff Writer

Sep 18 2024 10:45PM

Unveils 'Project Acacia'.

RBA to prioritise wholesale CBDC work over retail

Australia's central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version, a top policymaker said. In a conference speech, Reserve Bank of Australia (RBA) assistant governor Brad Jones ...

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