July 29, 2025

Australia’s central bank commits to wholesale CBDC, sidelining retail option

1 min read

The Reserve Bank of Australia (RBA) plans to prioritize developing wholesale central bank digital currency (CBDC) over the retail version. RBA Assistant Governor Brad Jones disclosed this during a speech at the Intersekt Conference on September 18, noting that the top bank has launched a three-year plan called Project Acacia to realize its goals. According

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