According to BlockBeats, on September 18, Assistant Governor of the Reserve Bank of Australia, Jones, said that an industry project on wholesale central bank digital currency (CBDC) and tokenized commercial bank deposits will be launched. The project is committed to a three-year digital currency research project.
The Reserve Bank of Australia will give priority to wholesale central bank digital currency. Wholesale central bank digital currency has greater economic benefits than retail central bank digital currency. The launch of retail central bank digital currency will be decided by the Australian government and requires legislation. (Jinshi)
