Australian Central Bank Insinuates CBDC is Years Away Due to Unresolved Issue

“Given the numerous points which are but to be resolved, any choice on a CBDC in Australia is prone to be some years away,” the report mentioned with the caveat that the mission didn’t got down to present an entire evaluation of the prices, advantages, dangers and different implications of introducing a CBDC. “As a substitute, it was extra narrowly centered on exploring how a CBDC could possibly be utilized by trade to reinforce the functioning of the funds system.”