Central banks worldwide are acting swiftly as money edges toward its biggest reinvention in centuries. Read on
The Reserve Bank of Australia, Treasury and others will oversee the research effort designed to explore the potential economic benefits of introducing such a currency in Australia, the RBA said in a statement Tuesday. The project is expected to run for about a year.
A paper will be published in the next few months that will explain the objectives and approach of the project in more detail, the RBA said.Article content
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