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Bitcoinist
2020-01-16 12:00:00

Australia Reserve Bank Trials Central Bank Currency

Australian Reserve Bank (RBA) recently revealed that it simulated the use of central bank digital currency (CBDC) in a wholesale payment system based on the Ethereum network, with interesting results. RBA investigates the possibility of a Central Bank Digital Currency Recently, the RBA revealed that it has decided to simulate the use of a CBDC in a wholesale payments system. Their plan was to see whether a system where banks settle customer payments between themselvesRead More The post appeared first on Bitcoinist.com.