“The RBA is making a strategic commitment to prioritise its work agenda on wholesale digital money and infrastructure – including wholesale CBDC,” Brad Jones, assistant governor for the financial system, said in a statement on Wednesday. “At the present time, we assess the potential benefits as more promising, and the challenges less problematic, for wholesale CBDC compared to a retail CBDC.”
Source: https://www.coindesk.com/policy/2024/09/18/australia-to-prioritise-wholesale-cbdc-over-retail/?utm_medium=referral&utm_source=rss&utm_campaign=headlines