The press service of the Reserve Bank of Australia (RBA) reported that they continue to study the digital currency of the central bank, although abouta month ago, they declared that there was no need for it.
Today in the bank they consider the possibility of issuing CBDC in bulk.
Speaking at the conference “Blockchain, cryptocurrencies andfintex" at the University of Western Australia, the head of the PBA payment policy department, Tony Richards, noted that "the consideration of the arguments in favor of CBDC continues, including the mechanisms for creating research, potential benefits and policy implications.”
In addition, it is estimated that under what conditions a significant demand for CBDC may arise.
Richads added that the subsidies for the benefit of the state interest in relation to the release of universal or retail CBDCs in Australia are not yet available.
In addition, the head of the department considers that bitcoin andOther cryptocurrencies based on public blockchains are not related to CBDC, which can be developed with the use of a centralized peer-to-peer.
Along with the study of retail CBDC applications,conducts research on technical and political aspects of the so-called wholesale CBDC, which will be available on a limited basis of financial
According to Richards, the Bank does not prejudice the CBDC and will continue to follow the development of events in this area:
</p>"If some jurisdictions move to full implementation of CBDC, other central banks will also pay close attention to this subject."
