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Home»BITCOIN NEWS»Reserve Bank of Australia to Prioritize Wholesale CBDC
BITCOIN NEWS

Reserve Bank of Australia to Prioritize Wholesale CBDC

By Crypto FlexsSeptember 19, 20241 Min Read
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Reserve Bank of Australia to Prioritize Wholesale CBDC
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The Reserve Bank of Australia is focusing on wholesale central bank digital currencies (CBDCs) because of the potential economic benefits over retail CBDCs. The Reserve Bank of Australia (RBA) has launched Project Acacia, a three-year plan to explore wholesale CBDC opportunities. The RBA and Treasury may still consider retail CBDCs, but (…)

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