Search Inside Bitcoins

No Point of a Central Bank Digital Currency in Australia: Assistant Governor

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

Australia is not likely to see a central bank digital currency (CBDC) any time soon as the country’s reserve bank is of the view that the existing system ‘works well’. Speaking at this year’s Swift International Banking Operations Seminar (SIBOS) currently underway in Sydney, the assistant governor of the Reserve Bank of Australia (RBA), Michelle

The post No Point of a Central Bank Digital Currency in Australia: Assistant Governor appeared first on CCN

Join Our Telegram channel to stay up to date on breaking news coverage

Read next