The Reserve Bank of Australia Concluded There Is No Public Interest Case for a Retail CBDC
Finextra·medium signal
The RBA closed out its retail central bank digital currency work with the finding that there is no clear public interest justification, on the grounds that existing payment systems already serve Australian households well. This is one of the clearest negative verdicts from a major central bank after years of retail CBDC research programs. It arrives while the same institutions keep expanding wholesale and tokenized-settlement work, which is where the actual momentum has gone.