Australia puts CBDC on hold for ‘some years’ after research

Project concludes legal, regulatory, technical and operational issues still to be resolved.

Australia’s central bank has delayed making any decision on a central bank digital currency (CBDC) for “some years” after conducting a year-long research project.

The Reserve Bank of Australia (RBA) concluded that “a CBDC has the potential to support increased efficiency and resilience in some areas of the payments

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