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

September 18, 2024
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“The RBA is making a strategic dedication to prioritise its work agenda on wholesale digital cash and infrastructure – together with wholesale CBDC,” Brad Jones, assistant governor for the monetary system, stated in a press release on Wednesday. “These days, we assess the potential advantages as extra promising, and the challenges much less problematic, for wholesale CBDC in comparison with a retail CBDC.”



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Tags: AustraliaBankCBDCPrioritizeReserveRetailsetWholesale
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