Australia to Prioritize Wholesale CBDC Over Retail

Australia to Prioritize Wholesale CBDC Over Retail

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Source: Coindesk.com

Australia's central bank said it will focus on a wholesale central bank digital currency. A wholesale CBDC offers more promising benefits and fewer challenges than a retail version, Brad Jones, an assistant governor, said.

The Reserve Bank of Australia said it will prioritize work on a wholesale central bank digital currency

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The post "Australia to Prioritize Wholesale CBDC Over Retail" appeared first here Coindesk.com.

Source: Coindesk.com

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