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bitcoin
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ethereum
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tether
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    HomeCrypto Finance

    Australian CBDC might be helpful for funds, tokenization, says RBA

    Crypto Finance
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    Latest News

    Australia’s central financial institution has accomplished it is pilot of a central financial institution digital forex (CBDC) exploring use instances for a possible e-AUD, discovering its helpful in 4 important areas together with enabling complicated funds and asset tokenization.

    The Reserve Financial institution of Australia (RBA) and the Digital Finance Cooperative Analysis Centre (DFCRC) unveiled their findings in an Aug. 23 report that additionally detailed plenty of instances the place a CBDC wasn’t solely required to attain the said use case.

    The pilot discovered a CBDC might be helpful in 4 important areas, together with for some funds and asset tokenization. Supply: RBA

    Proceed Studying on Coin Telegraph

    See also  Bitcoin value at this time: rises to $59k with inflation, financial cues on faucet
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