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US, Australia Make New Moves on CBDC

US, Australia Make New Moves on CBDC

The United States and Australia have both announced new updates on their efforts towards assessing the feasibility of a central bank digital currency (CBDC). While the United States says it is planning to establish a new Treasury Department-led working group to deliberate on the possible launch of a digital dollar, the Reserve Bank of Australia on Thursday unveiled 14 firms who proposed various CBDC uses cases to be tested in its limited-scale CBDC pilot that “will take place over the coming... Read More

Posted: Mar 2 2023, 14:15
Author Name: financemagnates
Views: 110748

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