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Australia’s Reserve Bank, ConsenSys, Others Launch CBDC Proof of Concept

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Australian central bank sees no public policy case for retail CBDC 350x209 1

Australian central bank sees no public policy case for retail CBDC 1120x669 1Reserve Bank of Australia (RBA) has joined forces with other financial institutions and ConsenSys Software to launch a research project on wholesale central bank digital currency. The initiative aims to find out the use cases, benefits, as well as implications of the wholesale form of CBDCs, according to a press release on November 2, 2020.

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