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Reserve Bank of Australia Is Set to Prioritize Wholesale CBDC Over Retail CBDC

by crypetonews
September 18, 2024
in Bitcoin
Reading Time: 1 min read
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“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.”



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Tags: AustraliaBankCBDCprioritizeReserveRetailSetWholesale
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