Coinnounce
2020-09-22 08:13:31

Reserve Bank of Australia does not see any need to issue a CBDC.

According to reports, the Reserve Bank of Australia said in a recent paper on payments that it was skeptical of the benefits of CBDCs and expressed concerns over private stablecoins and their potential impact on the monetary system. In light of the country’s new real-time payments platform, the central bank said there was no strong policy […]

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