Reserve Bank of Australia launches opinion consultation to explore the role of tokenized market settlement services

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On September 3rd, the Reserve Bank of Australia launched a consultation to explore the role of the Reserve Bank's information and transfer system in the settlement business of the tokenized ecosystem. The deadline for the consultation is October 30th. The Reserve Bank of Australia and the Department of Treasury jointly report that the Australian retail payment system can provide good services for households and businesses, and there is currently no sufficient public interest reason to launch a retail based central bank digital currency.

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