No need for central bank digital currency in Australia says Reserve Bank

Cointelegraph

Published Sep 17, 2020 05:50AM ET

Updated Sep 17, 2020 07:20AM ET

While other countries may be placing central bank digital currencies — also known as CBDCs — at the top of their agenda, Australia could buck the trend.

According to a local news report on Sept. 17, the Reserve Bank of Australia's latest payments paper has taken a cautious and sceptical line toward CBDCs as well as private-sector stablecoins.

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