Australia Issues White Paper for Central Bank Digital Currency

[Google News Bot]

Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties to participate with proposals and suggest pilot projects. Central Bank of Australia to Pilot CBDC Until Middle of 2023 The Reserve Bank of Australia (RBA) has set out to explore use cases for a digital version of the Australian dollar. It’s collaborating on the project with the Digital Finance Cooperative Research Centre (DFCRC), a research program funded by the government and the f ...

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[Shaffy]

This type of news shows that despite the resistance to cryptocurrency, the entire world knows that the Blockchain is the future of technology in finances.
Hopefully, the use of CBDC'S would be better than fiat.