Australia’s central bank weighs digital currency, remains unconvinced

A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021. REUTERS/Edgar SuSYDNEY, Nov 18 (Reuters) – The Reserve Bank of Australia, like some other major central banks, has stepped up research into running its own digital currency, but remains unconvinced of the merits, its payments chief said on Thursday.The comments, made at a financial services conference, follow an Australian Senate report last month that called for laws to be changed in ways that were more amenable to digital currencies. read more Most major economies are now considering whether to issue a central bank digital …
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