In September 2022, the Reserve Bank of Australia released a report outlining the concept of a CBDC. The Central Bank promised to launch a digital version of the Australian dollar in a test mode if the financial system is ripe for the integration of an innovative tool. This week, the press service of the Reserve Bank announced the implementation of the CBDC project in a pilot mode over the next few months. The regulator’s partner is the Research Center Digital Finance Cooperative. Its experts will help the Central Bank to study the benefits of CBDC and prepare a plan for
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Author: NixCoin