Australia Prioritizes Wholesale CBDC, Project Acacia Unveiled

The Reserve Bank of Australia recently announced it’s prioritizing the issuance of a wholesale central bank digital currency (CBDC) over a retail CBDC, stating that a clear business case for the latter hasn’t yet emerged. In addition, the bank pledged its commitment to a 3-year applied research program on the future of digital money in The post Australia Prioritizes Wholesale CBDC, Project Acacia Unveiled appeared first on Coin Edition .

Source: Coin Edition