“Given the many issues that are yet to be resolved, any decision on a CBDC in Australia is likely to be some years away,” the report said with the caveat that the project did not set out to provide a complete assessment of the costs, benefits, risks and other implications of introducing a CBDC. “Instead, it was more narrowly focused on exploring how a CBDC could be used by industry to enhance the functioning of the payments system.”
Australian Central Bank Insinuates CBDC is Years Away Due to Unresolved Issue
