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RBA says token money could help save billions in domestic financial markets

Nature

Reserve Bank of Australia Deputy Governor (Financial System) Brad Jones spoke about tokenization of assets and money in the digital age at the Australian Financial Review Cryptocurrency Summit .

Full Text:

  • A symbolic future for the Australian financial system?
  • token money could help save billions of dollars in costs in domestic financial markets
  • the RBA studies if and how to launch a central bank digital currency
  • a key priority for the bank was to assess how different forms of digital currency and infrastructure could support the development of tokenized asset markets

Nature
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