“Given the many issues that are yet to be resolved, any decision on a CBDC in Australia is likely to be some years away,” the report said with the caveat that the project did not set out to provide a complete assessment of the costs, benefits, risks and other implications of introducing a CBDC. “Instead, it was more narrowly focused on exploring how a CBDC could be used by industry to enhance the functioning of the payments system.”
Source: https://www.coindesk.com/policy/2023/08/23/australias-cbdc-likely-some-years-away-central-bank-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines